Custodian Property Income REIT Sells Guildford Retail Property

Custodian Property Income REIT plc, listed on the London Stock Exchange, has announced the sale of a vacant retail property in Guildford for £1.625 million. This amount is 8% higher than the property's valuation as of 31 March 2025. The company focuses on delivering strong income returns by investing in smaller regional properties across the UK.

Richard Shepherd-Cross, Managing Director of Custodian Capital Limited, commented that the decision to sell rather than refurbish came after realizing strong demand from residential developers. The proceeds will be used to enhance the remaining portfolio, deemed more beneficial for shareholders.

Custodian Property Income REIT aims to provide investors access to a diversified portfolio of UK commercial real estate, targeting smaller, regional assets with potential for capital growth.