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  5. IN BRIEF: Custodian sells car showroom in Stockport for GBP9 million

Pin to quick picksCust Prop Inc Share News (CREI)

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Share Price Information for Cust Prop Inc (CREI)

London Stock Exchange
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Share Price: 72.00
Bid: 71.50
Ask: 71.80
Change: -0.10 (-0.14%)
Spread: 0.30 (0.42%)
Open: 70.90
High: 72.20
Low: 70.10
Prev. Close: 72.10
CREI Live PriceLast checked at -
Custodian REIT is an Investment Trust

To provide shareholders with an attractive level of income together with the potential for capital growth from investing in a diversified portfolio of commercial real estate properties in the UK.

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IN BRIEF: Custodian sells car showroom in Stockport for GBP9 million

Mon, 25th Oct 2021 10:00

Custodian REIT PLC - Leicester, England-based real estate investment trust - Sells a 42,289 square feet car showroom in Stockport, England, for GBP9.0 million, 18% ahead of the June 30 valuation, representing a net initial yield of 6.7%. Doesn't name the buyer. The property is let to Williams BMW & Mini and was purchased by Custodian in July 2017 for GBP8.8 million.

Current stock price: 97.80 pence

Year-to-date change: up 11%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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