Custodian REIT plc launched on 26 March 2014 with £95 million of UK commercial property portfolio. This was sourced from an existing portfolio of 48 properties, held by clients of Mattioli Woods in a syndicated structure.

Mattioli Woods plc is one of the UK’s leading providers of pension consultancy and wealth management services, advising over 6,000 clients with assets under management, administration and advice in excess of over £6 billion.

Custodian Capital Limited is a subsidiary of Mattioli Woods plc. Custodian Capital is a property investment and management business, authorised and regulated by the Financial Conduct Authority (FCA). Their core business is acting as fund manager to Custodian REIT plc.

The diverse portfolio consists of properties let to institutional grade tenants on long leases throughout the UK. In addition to the seed portfolio, the Company raised gross proceeds of £55 million through an initial public offering and raised a further £47 million via subsequent placings.

Unlike most property funds Custodian REIT’s policy is to invest in properties between £2 million-£5 million.

Our objective is to provide:

  • Long term, secure income with a target distribution of 6.25% from year 2 (5.25% in year 1).
  • Long term NAV growth

For more information regarding the UK commercial property REIT IPO, please download our factsheet.