Custodian Property Income REIT Reports Strong Income and Valuation Growth

Custodian Property Income REIT plc has announced robust income and valuation growth, supported by active asset management. The company, which invests in a diverse portfolio of smaller UK properties, highlighted a fully covered dividend despite economic uncertainties. For the quarter ending March 31, 2025, the company confirmed a 1.5p dividend per share, aligning with an annual target of 6.0p, equating to a 7.9% yield.

Custodian's diversified strategy resulted in significant leasing activity, with numerous rent renewals and increases. Its portfolio valuation rose by 1.2% quarter-on-quarter. The company continues to invest in solar panels to enhance future revenue and asset value.

With a cautious approach to debt, maintaining a 27.9% loan-to-value ratio, Custodian plans to refinance its mix of fixed and variable-rate borrowings to optimize costs further. The overall sentiment underscores real estate as a stable investment amid market uncertainties.