Company
Custodian Property Income REIT PLC
LON:CREI
Custodian Property Income REIT PLC aims to be the real estate investment trust of choice for private and institutional investors seeking high and stable dividends from well-diversified UK real estate. The company invests in a diverse portfolio of commercial real estate, principally characterised by individual property values of less than £15 million at acquisition.
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Custodian REIT sells warehouse as it no longer fits ESG strategy
After recently increasing the lease term, the company's managers felt it was the right time to sell and crystallise a valuation uplift
Custodian REIT divests only high street shopping centre
The site in Gosforth was part of the portfolio of DRUM Income Plus REIT
Custodian REIT to invest in refurbishments after selling shopping centre for £9.3mln
“This disposal provides additional capital for our programme of improving assets we feel will better capture tenant demand over the long term as well as enhancing their environmental credentials,” said fund manager Richard Shepherd-Cross
Custodian REIT appoints ones Lang LaSalle as its ESG advisor
Part of JLL’s mandate is to help the property investment group improve the energy performance of its buildings
Custodian REIT grabs Glasgow distribution facility with potential for yield increase
"We see scope to significantly increase the rental intake of this conservatively let asset based on recent local comparables combined with strong occupational demand," Richard Shepherd-Cross, managing director of Custodian Capital, the trus
Custodian REIT sells Milton Keynes property at a 73% premium
The property investment company sold the unit for £8.5mln, having bought it for £2.1mln in January 2015
Custodian REIT buys industrial facility in Derbyshire for £3.5mln
The facility has a net initial yield of 6.10% - higher than the market average
Custodian REIT buys two retail warehouses in UK midlands at yield of 9.43%
“Retail warehouses continue to demonstrate their relevance and appeal alongside the continued rise of e-commerce," said fund manager Richard Shepherd-Cross
Custodian REIT buys properties at retail park in York for £3mln
The property investment company has acquired two drive-through restaurants on Clifton Moor Retail Park in York
Custodian REIT offloads retail unit for £700,000
The UK property investment company also recently completed a five-year lease renewal with Superdrug
Custodian REIT buys Nottingham retail park for £15mln
The retail park is occupied by Wickes, Matalan, Poundland and KFC
Custodian predicts further growth in rental rates
There doesn’t seem to be an end in sight for rental growth, landlords will breathe a sigh of relief
Custodian REIT says rent collection back to pre-pandemic levels
Tenants have honoured their deferred rent agreements allowing the board to increase fully covered quarterly dividends to at least 5.5p in the forthcoming financial year.
Custodian REIT sells property for 26% more than March valuation
“We have a strong pipeline of assets on which to redeploy the proceeds of this sale with better rental growth and asset management prospects,” said the fund manager