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Custodian REIT

Custodian REIT: A property income fund with strong cash generation and dividends

Analyst Ed Stacey speaks to Capital Network following the release of Custodian REIT's (LON:CREI) latest NAV update.

For the period from 1 October to 31 December 2018, the real estate investment firm said NAV per share remained fairly flat at 108.1p compared to 108.6p at the end of September, while the NAV total return per share for the period was 1%.

However, the group’s portfolio value grew to £576.2mln from £547mln in the period, boosted by £29.5mln invested in four property acquisitions.

Stacey says all of the key dynamics remain intact to sustain continuing strong shareholder returns.

Quick facts: Custodian REIT

Price: £1.17

Market: LSE
Market Cap: £477.5 m
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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...

on 1/5/19

2 min read