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Last checked at Custodian Property Income REIT (CREI) has provided an update on the strategic £36m acquisition of the highly complementary, diversified portfolio of family-owned Grove Court Properties, announced in February. The acquisition was financed by the issuance to the vendor of new CREI shares (75%) on an adjusted NAV for NAV basis and cash (25%). It is one of three similarly structured transactions over the past year, amounting to £66m in aggregate, and represents an attractive route to growth while cash equity issuance remains unattractive.
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Cust Prop Inc Information
Share Price Information for Cust Prop Inc (CREI)
Share Price is delayed by 15 minutes
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89.00
1.70 (1.95%)
Bid:
88.70
Ask:
89.00
Spread:
0.30 (0.338%)
Market Cap:
£434.99m
Last checked at -
Intraday Cust Prop Inc Share Chart
Progress with recent acquisition
Mon, 13th Apr 2026 12:53
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