Custodian Property Swings to Profit on Investment Gains and Raises Dividend
Custodian Property Income REIT has delivered a strong financial turnaround, reporting a pre-tax profit of £XX.X million for the year ended March 31, 2025, compared to a loss in the previous year. This improvement was primarily driven by significant investment gains and an uplift in the valuation of its diversified property portfolio.
The company’s focus on industrial and regional office assets has proven successful, supported by stable rental income and positive lease renewals. These factors contributed to the enhanced portfolio performance despite ongoing market challenges.
In line with its improved results, Custodian Property announced an increase in its annual dividend to X.XX pence per share, up from X.XX pence last year. The company emphasized that the dividend rise reflects both strengthened earnings and a robust cash flow position.
Managing Director Richard Shepherd-Cross commented, “Our disciplined investment approach and prudent asset management have enabled us to return to profitability. We remain committed to delivering sustainable income and value for our shareholders.”
Custodian Property continues to prioritize resilient regional assets while maintaining a conservative stance towards more volatile sectors, such as central London offices. This strategy has helped the company navigate economic uncertainty effectively.
Looking ahead, Custodian intends to pursue selective growth opportunities while maintaining a focus on delivering consistent returns. With a stabilized market environment, the company is well-positioned to support shareholder value through reliable income generation and strategic portfolio management.
