on Custodian REIT Plc (isin : GB00BJFLFT45)
Vanguard Group Discloses Position in Custodian Property Income REIT plc
The Vanguard Group, Inc. has made a public opening position disclosure regarding its investment in Custodian Property Income REIT plc, as mandated by Rule 8.3 of the Takeover Code. On 04 March 2024, the investment giant reported a 1.10% interest, translating to 4,865,782 ordinary shares in the REIT.
In addition to Custodian REIT, the disclosure also mentioned Vanguard's current positions in relation to abrdn Property Income Trust Limited and Urban Logistics REIT plc, indicating a broader investment strategy within the real estate sector.
The filing revealed a minor sale of 2,048 ordinary shares at a price of 0.73 GBP, further indicating active management of Vanguard's stake in the company. No derivative transactions were reported, pointing to a direct investment approach towards Custodian Property Income REIT plc.
This disclosure underscores Vanguard's investment presence in the UK property market and could influence other investors' view on Custodian Property Income REIT plc and the broader real estate investment trust sector.
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