Custodian Property Income REIT Plc Q2 Update: Steady Growth Amid Market Recovery

Custodian Property Income REIT plc has reported a positive trading update for Q2 2025. The company highlights active asset management and a diversified portfolio as key growth drivers, maintaining a fully covered dividend. Despite market uncertainties ahead of the November 2025 Budget, Custodian REIT delivered stable earnings and dividend coverage.

With valuations improving since September 2024, the portfolio's strategic positioning benefits from the ongoing recovery in the real estate market. Q2 saw a 2.3% growth in passing rent through asset management and leasing initiatives. This was accompanied by a 1.4% increase in net asset value, supported by active sales and acquisitions, such as the Merlin portfolio acquisition.

The company maintains a prudent debt strategy with a 26.4% loan-to-value ratio. Future plans involve continuing capital investments, portfolio enhancements, and realizing rental growth to sustain shareholder returns.