Although key elements of Custodian REIT’s (CREI’s) FY21 results had been previously disclosed, the detailed annual report includes additional details on its robust FY21 performance and prospects. In H221 rent collection strengthened, DPS increased and asset values recovered, delivering positive total returns. We expect these trends to carry over into the current year, with continuing occupier demand improving occupancy. A strong balance sheet provides support for potential accretive acquisitions ....

23 Jun 2021
Custodian REIT - Robust FY21 with improving outlook

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Custodian REIT - Robust FY21 with improving outlook
Custodian Property Income REIT plc (CREI:LON) | 87.8 0.6 0.8% | Mkt Cap: 386.8m
- Published:
23 Jun 2021 -
Author:
Martyn King -
Pages:
17 -
Although key elements of Custodian REIT’s (CREI’s) FY21 results had been previously disclosed, the detailed annual report includes additional details on its robust FY21 performance and prospects. In H221 rent collection strengthened, DPS increased and asset values recovered, delivering positive total returns. We expect these trends to carry over into the current year, with continuing occupier demand improving occupancy. A strong balance sheet provides support for potential accretive acquisitions ....