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A glance at some of the day's highlights from the Proactive Investors newswire
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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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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at the day's shakers and quakers, including Hiscox, Serica Energy, SIMEC Atlantis, Symphony Environmental, Kore Potash, Angus Energy and TomCo Energy
The property is let to Foxton's Estate Agents until 2031 and The Incorporated Trustees of the Universal Church of the Kingdom of God until 2025 respectively
FTSE 100 closed marginally higher but mid-cap cousin FTSE 250 plunged nearly ten points.
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A glance at some of the day's highlights from the Proactive Investors newswire
Net gearing in the third quarter eased to 20.5% loan-to-value from 21.0% at the end of June
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the main news-driven risers and fallers in London on Tuesday...
"Global stocks have swung sharply lower, amid growing fears about the health of the Chinese economy and a slew of geopolitical concerns – UK, Italy and Saudi Arabia."
The property investor valued the large industrial unit at £7.6mln in its June accounts, but a shortage of similar sites in central London meant it was able to command significantly more
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A glance at some of the day's highlights from the Proactive Investors newswire
The office building will bring in an aggregate passing rent of £371,299 per year, Custodian REIT said
The pound is off 0.52% against the greenback at the time of writing..
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London on Monday
Custodian said it had purchased the 72,582 square foot unit for £5.58mln, which would be funded through its existing debt facilities
The UK's index of leading shares added 1.6 points, or 0.02% , to finish at 7,279, while sterling was up 0.80% against the US dollar
Shareholders had voted to disapply pre-emption rights to 10% of the share capital but had not voted above the required 75% threshold to approve a second resolution for a further 10%
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
The new purchases are located outside the towns of Shrewsbury and Stafford, with both sites leased to VW Group UK
FTSE 100 closed down 0.46 points, or 0.01% at 7,700 on Monday
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Friday
"We are delighted to have secured this property within Shrewsbury's prime motor retail pitch, let on a long-term lease to a strong tenant," said Richard Shepherd-Cross, managing director of Custodian Capital Limited
In London, FTSE 100 added over 38 points to finish at 7,701 - that was up on the week too, marginally - by 0.29%.
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A look at some of the biggest risers and fallers in London on Tuesday
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A glance at some of the day's highlights from the Proactive Investors newswire
Invest in the right areas and the right sectors, and handsome rent increases can be negotiated
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
Some of the main news-driven risers and fallers in London on Thursday ...
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A glance at some of the day's highlights from the Proactive Investors newswire
The property was acquired as part of a portfolio in September 2014
Sterling was also stronger - up 0.06% to 1.1318 against the Euro and up 0.12% versus the US dollar
Custodian’s portfolio is weighted towards industrial sector and split between industrial, retail, office and other properties
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Tuesday
The UK commercial and real estate investment company saw its profit after tax jump by 34% to £32.4mln, up from £24.2mln a year earlier, as its portfolio value rose to £528.9mln
The UK's index of leading shares finished down around 54 points at 7,686 on Tuesday.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Monday
The UK property investment company has acquired a 77,242sq feet health and business centre, prominently located on the A46 within a leading mixed-use, out-of-town scheme with businesses in the immediate vicinity including Ibis Hotel, Fayre&
Investments and investor services
In the currency market, sterling was down 0.48% against the Euro, while it lost 0.28% against the US dollar.
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London on Tuesday
Custodian REIT said it intends to use the proceeds from the disposal to fund acquisitions better aligned to its stated investment strategy
FTSE 100 closed 1.39 points lower at 7,565, while FTSE 250 went the other way
Richard Shepherd-Cross, managing director, says competition for good properties is strong, particularly for industrial/logistics assets and long leases
A glance at some of the day's highlights from the Proactive Investors newswire
“The market is being driven by a total lack of supply”