Custodian Property Income REIT plc: Disposal of Petrol Station at an 8% Premium to Valuation
Published on 10/08/2026 at 08:00 | dgap, AD HOC NEWS
Custodian Property Income REIT plc / GB00BJFLFT45
Custodian Property Income REIT plc (CREI)
08-Oct-2026 / 07:00 GMT/BST
8 October 2026 Custodian Property Income REIT plc (“Custodian Property Income REIT” or the “Company”) Disposal of Petrol Station at an 8% Premium to Valuation Custodian Property Income REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller, UK regional properties with strong income characteristics, is pleased to announce the disposal of a petrol filling station in Gillingham to a special purchaser for £3.75m, representing an 8% premium to the 30 June 2026 valuation. The property is located on Beechings Way, Gillingham, and let to a single tenant with an annual passing rent of £0.3m. Commenting on the disposal, Richard Shepherd-Cross, Managing Director of Custodian Capital Limited, said: “While this property has provided a strong level of income over almost 12 years of ownership, having identified a special purchaser, we feel this is the right moment to crystallise an 8% premium to valuation, demonstrating our continued ability to complete sales above book value. We expect to use the sale proceeds to fund accretive capital expenditure, which aligns with our strategy of providing shareholders with strong income returns.” - Ends - Further information: Further information regarding the Company can be found at the Company's website custodianreit.com or please contact:
Custodian Capital Limited
Richard Shepherd-Cross – Managing Director Ed Moore – Finance Director Ian Mattioli MBE DL – Chairman
Notes to Editors Custodian Property Income 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 throughout the UK and is principally characterised by smaller, regional, core/core-plus properties. The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By principally targeting smaller, regional, core/core-plus properties, the Company seeks 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 custodianreit.com and custodiancapital.com.
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
