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Custodian Property Income REIT buys £11 million UK property portfolio from eight syndicates

PUBT·11/09/2026 07:11:24
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Custodian Property Income REIT buys £11 million UK property portfolio from eight syndicates
  • Custodian Property Income REIT acquired an £11 million property portfolio from eight investment syndicates managed by Lincoln Property Syndicates on November 5, 2026.
  • Consideration comprises 10,553,474 new ordinary shares and £400,000 cash, calculated on an adjusted net-asset-value-for-net-asset-value basis.
  • The eight retail and industrial properties, primarily in the East Midlands, are fully occupied, generating approximately £800,000 in annual rent.
  • Net initial yield is approximately 6.7%, with a reversionary yield of 7.2% and a six-year weighted average unexpired lease term.
  • The ungeared portfolio reduces net gearing by approximately 0.2%, keeping it near the board's 25% target.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Custodian Proerty Income REIT plc published the original content used to generate this news brief via EQS News (Ref. ID: UK-Regulatory_2430434_en) on November 09, 2026, and is solely responsible for the information contained therein.