Custodian REIT (CREI) delivered an 8.5% Q322 NAV total return, taking the year-to-date total to more than 20%. Strong Q322 capital growth mirrored the general market trend and was supported by asset management and the acquisition of DRUM REIT at a discount to its portfolio value. As previously guided, the rate of quarterly DPS was increased by 10%.
25 Feb 2022
Custodian REIT - Strong capital growth with increasing income
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Custodian REIT - Strong capital growth with increasing income
Custodian Property Income REIT plc (CREI:LON) | 80.7 4.6 7.6% | Mkt Cap: 355.8m
- Published:
25 Feb 2022 -
Author:
Martyn King -
Pages:
7
Custodian REIT (CREI) delivered an 8.5% Q322 NAV total return, taking the year-to-date total to more than 20%. Strong Q322 capital growth mirrored the general market trend and was supported by asset management and the acquisition of DRUM REIT at a discount to its portfolio value. As previously guided, the rate of quarterly DPS was increased by 10%.