Custodian REIT (GB:CREI) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.