Custodian Property Income REIT Reports Strong Financial Year

Custodian Property Income REIT plc announced robust financial results for the year ending 31 March 2025, highlighting strong operational performance and portfolio valuation growth. The company focuses on smaller regional properties across the UK, emphasizing strong income characteristics.

Richard Shepherd-Cross, Managing Director, noted a 29% rental increase at review, contributing to a 2.3% rise in like-for-like rent. The earnings per share increased by 4.9%, with a dividend yield of 7.9% as of 31 March 2025. The rental value of the portfolio remains 14% above the current passing rent.

Disposals during the year garnered a 38% premium over pre-offer valuations, aiding in capital recycling and NAV increases. Recently, the acquisition of a commercial property portfolio was finalized, adding 28 smaller lot-size regional properties, which aligns with the company's growth strategy.