Finance

Custodian hit by retail woes

By 2019-12-12T08:40:00

David Hunter of Custodian REIT

Net asset value (NAV) and profit at Custodian REIT slipped in the first half of the year as it was hit by turmoil in the retail market and continued political uncertainty.

NAV per share total return was 0.5% for the six months to the end of September, down from 4.3% at the same point last year. The slowdown was driven by a 2.6% fall in the value of the portfolio to £547m. 

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue