Custodian REIT plc (CREI) 
Custodian REIT plc : Purchase of Property 
24-Jun-2021 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 
(MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
 
 
24 June 2021 
 
 
Custodian REIT plc 
 
 ("Custodian REIT" or "the Company") 
 
Purchase of Property 
 
Custodian REIT (LSE: CREI), the UK property investment company, is pleased to announce a property purchase. 
 
The Company has acquired a 9,016 sq ft industrial unit on Knowsley Business Park, Liverpool, following its acquisition 
of five units on the same park earlier this month.  The unit is occupied by Engineering Solutions and Automations 
Limited with an unexpired term to first break or expiry of 4.1 years. 
 
The unit has a passing rent of GBP45,000 per annum, reflecting a net initial yield1 of 5.17%. 
 
The agreed purchase price of GBP0.825 million was funded from the Company's existing debt facilities, resulting in net 
gearing2 increasing to 25.6% loan to value. 
 
Commenting on the acquisition, Richard Shepherd-Cross, Managing Director of Custodian Capital Limited (the Company's 
discretionary investment manager), said: 
 
"We are delighted to have secured another unit at this established industrial location with strong evidence of 
increasing rents.  We expect this unit's net initial yield to increase above 6% once an outstanding rent review is 
settled." 
 
1 Passing rent divided by purchase price plus assumed purchasers' costs. 
2 Gross borrowings less unrestricted cash divided by last published property portfolio valuation. 
 
-Ends- 
 
For further information, please contact: 
 
Custodian Capital Limited 
Richard Shepherd-Cross / Ed Moore / Ian Mattioli MBE Tel: +44 (0)116 240 8740 
                                                     www.custodiancapital.com 
Numis Securities Limited 
Hugh Jonathan/Nathan Brown  Tel: +44 (0)20 7260 1000 
                            www.numiscorp.com 
Camarco 
Julia Tilley  Tel: +44 (0)7815 068 387 
              www.camarco.co.uk

Notes to Editors

Custodian REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by small lot sizes, with individual property values of less than GBP10 million at acquisition.

The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By targeting smaller lot size properties, the Company intends to provide investors with an attractive level of income with the potential for capital growth.

Custodian Capital Limited is the discretionary investment manager of the Company.

For more information visit www.custodianreit.com and www.custodiancapital.com. ----------------------------------------------------------------------------------------------------------------------- 


ISIN:           GB00BJFLFT45 
Category Code:  MSCU 
TIDM:           CREI 
LEI Code:       2138001BOD1J5XK1CX76 
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State 
Sequence No.:   113199 
EQS News ID:    1211351 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1211351&application_name=news

(END) Dow Jones Newswires

June 24, 2021 02:01 ET (06:01 GMT)