Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller, UK regional properties with strong income characteristics, today provides a trading update for the fourth quarter ended 31 March 2026 (“Q4” or the “Quarter”) and the year ended 31 March 2026 (“FY26”).
Commenting on the trading update, Richard Shepherd-Cross, Managing Director of the Investment Manager, said: “Custodian Property Income REIT performed well during the Quarter, marking a successful close to a financial year in which we have consistently driven rental growth across the Company’s portfolio, added scale and income through a number of majority-share corporate acquisitions of family owned portfolios, while creating value from our existing properties through asset management. Our income focused strategy and the yield advantage we achieve from our unique portfolio of smaller assets versus those of our larger peers, have helped us progress towards our ultimate objective of being the REIT of choice for investors seeking high and stable dividends from well-diversified UK real estate.
“Despite the challenging investment market backdrop, we are seeing more positive underlying sentiment towards listed real estate which we hope will accelerate if and when geopolitical tensions ease. In the meantime, we remain extremely focused on what we can control by continuing to remain hands-on in our asset management approach and capturing the 13% of income growth that is already embedded in our portfolio. At the same time, we will continue to progress discussions with further families seeking a tax efficient solution to continue their investment in regional property for the next generation, while allowing us to grow the Company through income accretive share-based acquisitions.”
You can read the full update here.
