bullish

Custodian REIT - Delivering on income target

1.6k Views20 Dec 2019 17:14
Issuer-paid
SUMMARY

Custodian REIT’s (CREI’s) diversified portfolio of UK commercial real estate delivered a positive total return in H120 despite challenges in the retail sector. Current-year quarterly DPS has increased by 1.5% and CREI targets a fully covered DPS of 6.65p for the year, barring unforeseen circumstances. The company targets further sustainable growth through accretive acquisitions and active management of the existing portfolio.

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