bullish

Custodian Property Income REIT - Enhanced income-driven strategy

290 Views28 Sep 2023 01:10
Issuer-paid
SUMMARY

Custodian Property Income REIT (CREI) continues to generate stable underlying earnings, fully covering DPS and providing an attractive 6.5% yield. Total return is benefiting from a stabilisation of property yields. Average rental values have continued to increase and, combined with asset management opportunities and a strong balance sheet, this provides strong ongoing support for the company’s enhanced income strategy.

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