Elite UK REIT
Elite UK REIT (SES: MXNU) is trading at £0.32, about ₹41 at today's GBP/INR rate, as of 25 Sep 2026, 5:04 AM ET. Indian residents can buy Elite UK REIT from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.31
Today's high
£0.32
52 week low
£0.30
52 week high
£0.37
MXNU opened at £0.32, closed previously at £0.32, and has traded between £0.30 and £0.37 over the past 52 weeks.
About
Elite UK REIT operates as a real estate investment trust (REIT) with a core strategy focused on acquiring commercial and real estate-related assets across the United Kingdom. Its extensive property portfolio is predominantly composed of freehold properties, strategically located in diverse regions such as London, the South East, North West, Midlands, North East, South West, Yorkshire and Humber, East of England, Scotland, and Wales. The trust holds the necessary qualifications to be recognized as a real estate investment trust for federal income tax considerations. Formerly known as Elite Commercial REIT, the entity officially rebranded to Elite UK REIT in May 2024. Elite Commercial REIT Management Pte. Ltd. serves as the dedicated manager overseeing the trust's operations. Elite UK REIT was established in 2018 and has its principal base of operations in Singapore.
Key statistics
Avg. volume
367.63K
Market cap
£203.68M
P/E Ratio
0.14
Price-to-sales ratio
5.53
Enterprise value
£362.67M
Free cash flow yield
17.53%
Debt-to-equity ratio
0.57
Return on equity
21.84%
ROIC
6.09%
Beta
0.74
Dividend yield
9.50%
Last dividend
£0.03
Financial overview
Revenue
£38.30M
Earnings per share
£2.30
Free cash flow
£36.69M
Net profit margin
154.56%
Gross margin
91.77%
EBITDA
£25.01M
Revenue growth
-1.97%
Similar securities
This is not an investment recommendation
How to buy Elite UK REIT from India
Indian residents can buy Elite UK REIT shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to GBP.
Search for Elite UK REIT and place an order
Find Elite UK REIT by name or by its ticker, MXNU, and choose an order type. Elite UK REIT trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Elite UK REIT position in GBP and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Elite UK REIT from India
Trading and taxes when buying Elite UK REIT from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Elite UK REIT’s current yield is 9.50%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Elite UK REIT stock?
Yes. Elite UK REIT (MXNU) has been listed on the Singapore Exchange since 2020, in the REIT - Office industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Elite UK REIT share cost in rupees?
One Elite UK REIT share is £0.32 — about ₹41 at a GBP/INR rate of 127.05 on 25 Sep 2026. Both the Elite UK REIT price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Elite UK REIT from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Elite UK REIT shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Elite UK REIT price. Paasa issues a capital-gains statement for your return.
Does Elite UK REIT pay a dividend, and how is it taxed in India?
Yes. Elite UK REIT pays a dividend and the current yield is 9.50%; the last declared dividend was £0.03 per share, about ₹3.86. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Elite UK REIT from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Elite UK REIT shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Elite UK REIT?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Elite UK REIT shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Elite UK REIT holding, its cost and its closing value.
How do I sell Elite UK REIT and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in GBP in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.