Weston-super-Mare

Custodian REIT plc : Asset management and strong leasing momentum driving first quarter NAV growth

Retrieved on: 
Tuesday, August 9, 2022

This investment strategy is supported by our strong balance sheet with modest levels of debt.

Key Points: 
  • This investment strategy is supported by our strong balance sheet with modest levels of debt.
  • In summary, if interest rates continue to rise, Custodian REIT is well insulated from the short to medium-term impact.
  • Occupational demand is reducing vacancy rates and driving rental growth, both of which are strongly supportive of earnings and underpin the Companys dividend strategy.
  • We still see value in the market as recent acquisitions demonstrate and the ongoing intensive asset management of the portfolio will maintain cash flow and support values.

AEW UK REIT plc: Acquisition of Industrial Estate

Retrieved on: 
Tuesday, November 10, 2020

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • AEW UK REIT plc (LSE: AEWU) (the "Company") is pleased to announce that ithas acquired the multi-let Westlands Distribution Park in Weston Super Mare for a purchase price of 5.4m.
  • Theestablished 323,437sqft estate is let to 15 tenants including North Somerset District Council who make up 30% of the income stream.
  • It is located 3 miles from the M5 Motorway and 20 miles south of Bristol city centre.