on Custodian REIT Plc (isin : GB00BJFLFT45)
Custodian Property Income REIT Executes Share Buyback
Custodian Property Income REIT plc, a UK-based real estate investment trust, announced a share buyback involving 250,000 ordinary shares at 82.0 pence each. The transaction, valued at £205,000, took place under the company's non-discretionary buyback program managed by Deutsche Bank AG. This price represents a 16.8% discount to the adjusted net asset value.
Post-transaction, Custodian Property Income REIT holds 6,545,732 shares in treasury, with a remaining 488,567,079 shares issued and outstanding. The company targets smaller regional UK properties, offering investors a diversified portfolio focused on core and core-plus assets.
R. H.
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