Elite UK REIT: Blackpool, UK

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Brunel Way
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Future facility in planning stage
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Elite UK REIT: Blackpool, UK

Lot Size: 39 acres

Elite UK REIT Management Pte. Ltd., the manager of Elite UK REIT, is planning to develop a data center on a 15.65-hectare site in Blackpool. The property includes multiple existing buildings currently leased to the UK Department for Work and Pensions (DWP). This project appears to mark y Elite’s first venture into data center development. Construction on the project is expected to begin in 2025.

The company has secured a power supply for the site and is negotiating to integrate renewable energy sources, leveraging nearby wind power infrastructure.

Map and Nearby Locations:

Brunel Way
Elite UK REIT Management Pte. Ltd Sites
Nearby Facilities

Sites within 15 miles of Elite UK REIT: Blackpool, UK

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Elite UK REIT: Blackpool, UK Data Center Photos (See all)

Rendering of Elite UK REIT's Blackpool Data Center Project in UK
Source: Elite UK REIT

Operating Company

Operated by:

Elite UK REIT is a UK REIT listed in Pound sterling on the Singapore Exchange and managed by Singapore-headquartered Elite UK REIT Management Pte. Ltd. The REIT has three Sponsors: Elite Partners Holding Pte. Ltd., the holding firm for Elite Partners Group, an alternative investment and asset manager; Ho Lee Group Pte. Ltd., a real estate and construction conglomerate; and Sunway RE Capital Pte. Ltd., a wholly-owned subsidiary of Sunway Berhad.

Elite UK REIT’s portfolio (“Portfolio”) comprises mostly freehold properties strategically located mainly in town centres, and near amenities and transportation nodes. With its portfolio, Elite UK REIT is one of the largest providers of critical social infrastructure to the Department for Work and Pensions (“DWP”) and other UK Government departments. As at 30 June 2024, Elite UK REIT’s portfolio has a total asset value of £415 million.

In addition to stable government-backed income stream, the Manager plans to capitalise on emerging market trends and sectors exhibiting strong growth potential in the UK, such as the Living Sector, which includes purpose-built student accommodation and Built-to-Rent residential assets.

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