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Custodian REIT highlights focus on income and continued need for commercial property

Custodian REIT's (LON:CREI) Richard Shepherd-Cross speaks to Proactive London's Andrew Scott following the release of its results to March 2020. He says the outlook for real estate investment is likely to become clearer and potentially more positive as lockdown eases. He adds that around 70% of rent has been collected for the current quarter to June.

Quick facts: Custodian REIT

Price: 90.2 GBX

LSE:CREI
Market: LSE
Market Cap: £378.89 m
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Custodian REIT continuing to outperform and has hopes of restoring dividend...

Proactive Research analyst Ed Stacey says shares in Custodian REIT PLC (LON:CREI) have recovered from their lows at the end of March and year-to-date they've been an outperformer versus the UK real estate sector. Stacey says 82% of rent is 'under control' while the balance sheet gearing is still...

on 23/6/20

2 min read