Daily BriefsFinancials

Daily Brief Financials: Avanse Financial Services, Custodian REIT and more

In today’s briefing:

  • Avanse Financial Services Pre-IPO – The Positives – Fast Growth in an Expanding Industry
  • Avanse Financial Services Pre-IPO – The Negatives – Immigration Issues
  • Custodian Property Income REIT – Organic growth paying dividends


Avanse Financial Services Pre-IPO – The Positives – Fast Growth in an Expanding Industry

By Sumeet Singh

  • Avanse Financial Services is looking to raise up to US$419m in its upcoming India IPO.
  • Avanse Financial Services (AFS) is an education focused non-banking financial company (NBFC) operating in India.
  • In this note, we look at the company’s past performance.

Avanse Financial Services Pre-IPO – The Negatives – Immigration Issues

By Sumeet Singh

  • Avanse Financial Services is looking to raise up to US$419m in its upcoming India IPO.
  • Avanse Financial Services (AFS) is an education focused non-banking financial company (NBFC) operating in India.
  • In this note, we talk about the not-so-positive aspects of the deal.

Custodian Property Income REIT – Organic growth paying dividends

By Edison Investment Research

Custodian Property Income REIT’s (CREI’s) confidence in its organic growth outlook is reflected in accelerated, fully covered DPS growth. Reversionary income potential is strong and, with the occupier market remaining robust, average rental values have continued to increase, providing ongoing support for the company’s enhanced income strategy. The prospective dividend yield is 7.8% and the expected decline in interest rates should benefit earnings and support property valuations and NAV.


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