CUSTODIAN PROPERTY INCOME REIT PLC - Investor Presentation

Custodian Property Income REIT delivered a strong investor update, reporting another year of positive operational and financial performance driven by sustained rental growth across its diversified UK real estate portfolio. The company achieved 3.4% contractual rent growth, 3.3% estimated rental value (ERV) growth, and 6.3p EPRA earnings per share, fully covering its 6.0p annual dividend at 105%. Net asset value increased by 3.7%, while the portfolio generated a 10% total return, supported by active asset management, lease renewals, rent reviews, and profitable property disposals. With a robust order pipeline of accretive corporate acquisitions, a defensive balance sheet featuring a 4.1% weighted average cost of debt, and a portfolio yield of 6.4%, the REIT remains well positioned to capture further rental reversion potential of approximately 13%. Management also highlighted continued investment in ESG initiatives, improving EPC ratings across the portfolio, and maintaining compliance with evolving energy efficiency standards. Backed by a regionally diversified portfolio, high-quality tenants, strong occupancy fundamentals, and a disciplined growth strategy, Custodian Property Income REIT continues to deliver stable income, attractive dividend yields, resilient margins, and long-term value creation for shareholders despite ongoing macroeconomic uncertainty.