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.* Video is available via Capital Network website for registered users