AEW UK REIT plc: Acquisition of Retail Park 
05-May-2021 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
5 May 2021 
Acquisition of Retail Park 
AEW UK REIT plc (LSE: AEWU) (the "Company") is pleased to announce that it has acquired the 5.65 acre Arrow Point 
Retail Park in Shrewsbury for a purchase price of GBP8.35m. The established retail park is located on a busy commercial 
estate and is fully let. The purchase price reflects a low capital value of GBP88 per square foot (GBP1.48m per acre). 
The estate provides a net initial yield of 8.7%, with low passing rents compared to competing locations, while being 
underpinned by industrial and trade rents. 
Arrow Point Retail Park comprises a modern purpose-built retail park constructed in 2007, arranged across 9 units in 
two terraces with 176 car parking spaces to the front. The retail park is prominently located within the main retail 
warehouse provision of Shrewsbury, approximately 2.5 miles north east of the town centre, tenants include British Heart 
Foundation, Poundstretcher and Charlie's Stores and neighbours retail occupiers including Matalan and B&M Home Store. 
Alex Short, Portfolio Manager, AEW UK REIT, commented: "We are pleased to have acquired the Arrow Point Retail Park. 
This is an excellent fit for our portfolio and an excellent new contributor to AEWU's income stream, putting to use the 
profit from the sale of the Solihull office asset in February this year. Retail remains a small percentage of the 
portfolio's composition and, while we continue to take a cautious approach to this sector, the tenant profile of the 
site is strong and we are confident that we can manage the assets to drive value for shareholders over the medium to 
Following completion of the above purchase, the Company holds cash of c. GBP8 million and has c. GBP15 million of its loan 
facility available to draw (up to the maximum 35% Loan to NAV at drawdown). The Company's portfolio exposure is broken 
down by sector as follows: 
Sector        Valuation at 31 March 2021 (including Arrow Point at purchase date) 
              GBP million                                   % 
Industrial    108.8                                       58.1 
Office        36.8                                        19.6 
Retail        29.2                                        15.6 
Other         12.6                                        6.7 
Total         187.4                                       100.0 
Alex Short            
                               +44(0) 20 7016 4848 
Nicki Gladstone       
                               +44(0) 7711 401 021 
Company Secretary 
Link Company Matters Limited 
                               +44(0) 1392 477 500 
TB Cardew             
Ed Orlebar                     +44 (0) 7738 724 630 
Tania Wild                     +44 (0) 7425 536 903 
Lucas Bramwell                 +44 (0) 7939 694 437 
Liberum Capital 
Gillian Martin / Owen Matthews +44 (0) 20 3100 2000 

Notes to Editors


AEW UK REIT plc (LSE: AEWU) aims to deliver an attractive total return to shareholders by investing predominantly in smaller commercial properties (typically less than GBP15 million), on shorter occupational leases in strong commercial locations across the United Kingdom. The Company is currently invested in office, retail, industrial and leisure assets, with a focus on active asset management, repositioning the properties and improving the quality of income streams. AEWU is currently paying an annualised dividend of 8p per share.

The Company was listed on the Official List of the UK Listing Authority and admitted to trading on the Main Market of the London Stock Exchange on 12 May 2015.

LEI: 21380073LDXHV2LP5K50

About AEW UK Investment Management LLP

AEW UK Investment Management LLP employs a well-resourced team comprising 26 individuals covering investment, asset management, operations and strategy. It is part of AEW Group, one of the world's largest real estate managers, with EUR69.8bn of assets under management as at 31 December 2020. AEW Group comprises AEW SA and AEW Capital Management L.P., a U.S. registered investment manager and their respective subsidiaries. In Europe, as at 31 December 2020, AEW Group managed EUR34.6bn of real estate assets on behalf of a number of funds and separate accounts with over 420 staff located in 9 offices. The Investment Manager is a 50:50 joint venture between the principals of the Investment Manager and AEW. In May 2019, AEW UK Investment Management LLP was awarded Property Manager of the Year at the Pensions and Investment Provider Awards. -----------------------------------------------------------------------------------------------------------------------

ISIN:           GB00BWD24154 
Category Code:  MSCL 
TIDM:           AEWU 
LEI Code:       21380073LDXHV2LP5K50 
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State 
Sequence No.:   103000 
EQS News ID:    1192499 
End of Announcement  EQS News Service 
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May 05, 2021 02:00 ET (06:00 GMT)

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