Custodian REIT’s (CREI’s) diversified portfolio of UK commercial real estate delivered a positive total return in H120 despite challenges in the retail sector. Current-year quarterly DPS has increased by 1.5% and CREI targets a fully covered DPS of 6.65p for the year, barring unforeseen circumstances. The company targets further sustainable growth through accretive acquisitions and active management of the existing portfolio.
20 Dec 2019
Custodian REIT - Delivering on income target
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Custodian REIT - Delivering on income target
Custodian Property Income REIT plc (CREI:LON) | 75.5 -1.4 (-2.5%) | Mkt Cap: 332.8m
- Published:
20 Dec 2019 -
Author:
Martyn King -
Pages:
18
Custodian REIT’s (CREI’s) diversified portfolio of UK commercial real estate delivered a positive total return in H120 despite challenges in the retail sector. Current-year quarterly DPS has increased by 1.5% and CREI targets a fully covered DPS of 6.65p for the year, barring unforeseen circumstances. The company targets further sustainable growth through accretive acquisitions and active management of the existing portfolio.