GCICustodian Property Income REIT – Significant uplift in fully covered DPS
Real estate - LSE - Mcap: £340m - Price: 77p - Update
SIGNIFICANT UPLIFT IN FULLY COVERED DPS
(CREI’s ) Q225 trading update points to strong H1 performance when results are released in December. With income growth supported by leasing progress and rental growth, DPS (+9% y-o-y) is fully covered. Reflecting improved investment market sentiment and asset management, portfolio valuations show early signs of recovery. CREI expects this to continue.
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