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Custodian REIT reports robust quarterly update - Capital Network analyst

Capital Network's Ed Stacey gives his view on Custodian REIT's (LON:CREI) latest quarterly net asset value (NAV) update.

The release shows a NAV of £426.6mln, unchanged versus December 2018, and NAV total return per share of 5.9%.

Occupancy remains high at 95.9%.

Custodian now offers a 5.8% dividend yield for FY Mar 2019, versus 3.4% for the sector.

Quick facts: Custodian REIT

Price: 90.2 GBX

LSE:CREI
Market: LSE
Market Cap: £378.89 m
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on 24/6/20

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