bullish

Custodian Property Income REIT - Significant uplift in fully covered DPS

104 Views14 Nov 2024 07:10
Issuer-paid
SUMMARY

Custodian Property Income REIT’s (CREI’s) Q225 trading update points to strong H1 performance when results are released in December. With income growth supported by leasing progress and rental growth, DPS (+9% y-o-y) is fully covered. Reflecting improved investment market sentiment and asset management, portfolio valuations show early signs of recovery. CREI expects this to continue.

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