Custodian REIT (CREI) generated a 2.5% NAV total return in Q421, taking the H221 total to 4.9% and FY21 to a positive 0.9% despite pandemic-driven weakness earlier in the year. H221 returns were supported by improving rent collection, delivering increased DPS (including a fifth interim payment), and positive net valuation gains, primarily driven by a strong (49%) industrial asset weighting and asset management initiatives.

17 May 2021
Custodian REIT - Fifth interim payment continues DPS recovery

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Custodian REIT - Fifth interim payment continues DPS recovery
Custodian Property Income REIT plc (CREI:LON) | 87.4 -4.5 (-5.8%) | Mkt Cap: 385.5m
- Published:
17 May 2021 -
Author:
Martyn King -
Pages:
8 -
Custodian REIT (CREI) generated a 2.5% NAV total return in Q421, taking the H221 total to 4.9% and FY21 to a positive 0.9% despite pandemic-driven weakness earlier in the year. H221 returns were supported by improving rent collection, delivering increased DPS (including a fifth interim payment), and positive net valuation gains, primarily driven by a strong (49%) industrial asset weighting and asset management initiatives.