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Custodian Property Income REIT plc: Interim r...
Custodian Property Income REIT plc reported a strong operational performance for the period ended 30 September 2025, with its rent roll increasing to £45.9 million from £43.9 million, driven by asset management initiatives and new lettings. The company's Net Asset Value (NAV) per share grew by 2.9% since March 2025, supported by a 1.9% like-for-like valuation increase in its portfolio, which now stands at £625.0 million. Custodian Property Income REIT maintained a fully covered dividend of 6.0p per share, reflecting a 7.4% yield, and saw EPRA earnings per share rise to 3.1p from 3.0p, while net gearing decreased to 26.3%. The company also completed the £22.1 million acquisition of the Merlin portfolio and continues to explore further growth opportunities. Disclaimer*
About this update from Custodian Property Income Reit Plc
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\n\n\nCustodian Property Income REIT plc (CREI)\n\n\n\n\n\n\nCustodian Property Income REIT plc: Interim results for the period ended 30 September 2025 05-Dec-2025 / 07:01 GMT/BST\n\n\n\n \n\n\n \n\n5 December 2025\n\n \n\n \n\nCustodian Property Income REIT plc\n\n(“the Company” or “Custodian Property Income REIT”)\n\n \n\nInterim results for the period ended 30 September 2025\n\n \n\nA strong operational performance with active asset management driving valuation and earnings growth, underpinning fully covered dividend \n\n \n\nCustodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller regional properties with strong income characteristics across the UK, today announces its interim results for the period ended 30 September 2025 (“the Period”).\n\n \n\nCommenting on the interim results, Richard Shepherd-Cross, Managing Director of the Investment Manager, said: “The direct property market is continuing its recovery in the UK, with valuations improving quarter-on-quarter, driven by rental growth across all sectors. The strong performance of the underlying assets should be expected to steadily flow through to listed property companies’ share prices, but a further shift in market sentiment is required along with a willingness to consider the longer-term opportunity that exists in real estate.\n\n \n\n“At a property level, Custodian Property Income REIT is delivering on all fronts to provide shareholders with strong income returns by capturing portfolio reversion and driving sustainable earnings growth. During the Period, our targeted asset management programme grew the rent roll from £43.9m to £45.9m, primarily driven by lease renewals picking up ongoing rental growth, as well as the new lettings of vacant units and positive rent review results. In line with the growth of the rent roll and estimated rental value of the portfolio, we have witnessed continued valuation growth for the fifth consecutive quarter, with NAV per share increasing by 2.9% since 31 March 2025.\n\n \n\n“The portfolio has continued to deliver a fully covered dividend of 6.0p per share, with future rental growth potential of 13% embedded, and offering a road map to further earnings g...