Custodian’s REIT’s valuation has remained stable, suffering only a 0.6% decline over its first half.
The REIT bucked the industry trend, with its portfolio dipping by just £15.6m to £609.8m over the six months to the end of September. The fall was led by a £8.6m drop for its offices portfolio and a £5.2m fall for retail warehouses.
EPRA return per share was up on the previous H1, to 2.9p from 2.8p, while losses before tax fell to £2.7m from £14.1m for the previous half.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
