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

Published: 21:29 06 Jun 2018 AEST

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.

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