Company Announcements

Custodian Property Income REIT plc: Disposal of Property

Source: EQS

Custodian Property Income REIT plc (CREI)
Custodian Property Income REIT plc: Disposal of Property

11-Jul-2025 / 07:00 GMT/BST


 

 

11 July 2025

 

Custodian Property Income REIT plc

 

(“Custodian Property Income REIT” or the “Company”)

 

Disposal of Property

 

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 UK, is pleased to announce the disposal of a vacant retail property in Guildford for £1.625m, representing an 8% premium to the 31 March 2025 valuation.

 

Commenting on the disposal, Richard Shepherd-Cross, Managing Director of Custodian Capital Limited (the Company’s external fund manager), said: Having initially considered refurbishing and reletting the asset, strong demand for the site from residential developers became apparent during the initial marketing period and disposing ahead of valuation to fund improvements to the remaining portfolio was considered more accretive to shareholders.

 

- Ends -

 

Further information:

 

Further information regarding the Company can be found at the Company's website custodianreit.com or please contact:

 

Custodian Capital Limited

 

Richard Shepherd-Cross – Managing Director

Ed Moore – Finance Director

Ian Mattioli MBE DL – Chairman

Tel: +44 (0)116 240 8740

 

www.custodiancapital.com

 

Numis Securities Limited

 

Hugh Jonathan / George Shiel

Tel: +44 (0)20 7260 1000

 

www.numis.com/funds

 

FTI Consulting

 

Richard Sunderland / Ellie Sweeney / Andrew Davis / Oliver Parsons

Tel: +44 (0)20 3727 1000

 

custodianreit@fticonsulting.com

 

Notes to Editors

 

Custodian Property Income REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants throughout the UK and is principally characterised by smaller, regional, core/core-plus properties. 

 

The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund.  By principally targeting smaller, regional, core/core-plus properties, the Company seeks to provide investors with an attractive level of income with the potential for capital growth.

 

Custodian Capital Limited is the discretionary investment manager of the Company.

 

For more information visit custodianreit.com and custodiancapital.com.



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ISIN: GB00BJFLFT45
Category Code: MSCH
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.: 395545
EQS News ID: 2168082

 
End of Announcement EQS News Service