Custodian REIT sells North-East Shopping Centre for €10.6m (GB)

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Custodian REIT has sold its only high street shopping centre for €10.6m (£9.3m). The company purchased the 73,367ft² shopping centre in Gosforth as part of its acquisition of DRUM Income Plus REIT in November 2021 and the price reflects a 3.5% premium to the €10.1m (£8.9m) apportioned value of … Click here to view original …

Custodian REIT acquires UK industrial property

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Custodian REIT has acquired a 47,882ft² industrial facility which is fully let to Container Components Limited with 20 years remaining on the lease for €4m (£3.5m). The property produces an index-linked passing rent of €268,107 (£227,440) per annum, reflecting a net initial yield of 6.10%, and is located two … Click here to view original …