logo-loader
FinanceReal Estate
viewCustodian REIT

Custodian REIT enjoys another solid year with 'strong, steady returns'

Richard Shepherd-Cross of the Custodian REIT (LON:CREIT) tells Proactive Investors they booked a 34% increase in profit for the year to the end of March 2018.

Profit after tax came in at £32.4mln for the period compared to £24.2mln the year before.

Shepherd-Cross adds they invested a total of £106.3mln on the completion of 20 acquisitions, one ongoing pre-let development and one significant refurbishment.

Quick facts: Custodian REIT

Price: 116.6 GBX

LSE:CREI
Market: LSE
Market Cap: £477.13 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Custodian REIT named herein, including the promotion by the Company of Custodian REIT in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

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...

on 1/5/19

2 min read