Custodian REIT (GB:CREI) has released an update.
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Custodian Property Income REIT (CREI) maintains a robust dividend yield of approximately 8%, supported by strong leasing activities and consistent rental growth, particularly in the industrial sector. Despite stable valuations, the company’s active asset management has resulted in a 1.2% like-for-like increase in passing rent and a 1.0% rise in estimated rental values, with ongoing redevelopment and refurbishment efforts expected to further enhance asset values. CREI’s strategic asset disposals and prudent debt management have positioned it favorably for both current and prospective investors in a recovering market.
For further insights into GB:CREI stock, check out TipRanks’ Stock Analysis page.