Sign In
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.
Download
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- US Share Prices
- Stock Tips
- Share Chat
- FX
- News & RNS
- Media
- Trading Brokers
- Finance Tools
- Members
Cust Prop Inc (CREI)
Follow the stocks
