Custodian Property Income REIT plc: Disposal of Properties
Source: EQS
(“Custodian Property Income REIT” or the “Company”)
Disposal of Properties
Custodian Property Income REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the
The Disposals were previously disclosed in the Company’s announcement of
The
Commenting on the Disposals,
“Whilst planning consent has been received to redevelop the
“The Weybridge asset has provided a healthy level of income over its four years of ownership and having re-let the unit in 2022 at an increased level of rent, we believe future rental growth may not meet our income growth expectations going forwards so we have made the decision to sell.” - Ends -
For further information, please contact:
Notes to Editors
The Company offers investors the opportunity to access a diversified portfolio of
For more information visit custodianreit.com and custodiancapital.com.
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. |
ISIN: | GB00BJFLFT45 |
Category Code: | DIS |
TIDM: | CREI |
LEI Code: | 2138001BOD1J5XK1CX76 |
OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
Sequence No.: | 312692 |
EQS News ID: | 1870317 |
End of Announcement |
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