Disposal of Properties

Custodian REIT plc (CREI) Custodian REIT plc : Disposal of Properties 29-Jan-2021 / 07:00 GMT/BST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. 29 January 2021 Custodian REIT plc ("Custodian REIT" or the "Company") Disposal of Properties Custodian REIT (LSE: CREI), the UK property investment company, is pleased to announce the disposal of four properties from its portfolio.  The Company has sold retail properties at auction in Chester, Scarborough, Bedford and Llandudno for an aggregate £1.6m, in line with the most recent valuations.  The properties were originally acquired within larger portfolios in 2014 and 2015.  The Chester unit is currently vacant, the Scarborough and Bedford units are let on three-month rolling leases at below market rents and the Llandudno unit is significantly over-rented with expiry in May 2022.  These disposals have reduced the Company's high street retail sector weighting from 11% to 10%. Commenting on the disposals, Richard Shepherd-Cross, Managing Director of Custodian Capital Limited (the Company's external fund manager), said: "These assets were not aligned with the strategy of the Company as we did not anticipate future rental growth.  We have already invested the sale proceeds in higher quality assets with greater prospects for income and capital growth, better supporting the Board's objective of increasing dividends in a sustainable way." - Ends - For further information, please contact: Custodian Capital Limited Richard Shepherd-Cross / Ed Moore / Ian Mattioli MBE Tel: [phone] www.custodiancapital.com Numis Securities Limited Hugh Jonathan Tel: [phone] www.numiscorp.com Camarco Ed Gascoigne-Pees Tel: [phone] www.camarco.co.uk Notes to Editors Custodian REIT is a UK real estate investment trust with a portfolio comprising properties predominantly let to institutional grade tenants throughout the UK, principally characterised by properties with individual values of less than £10m at acquisition. The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund.  By principally targeting sub £10m lot size, regional properties, the Company intends to provide investors with an attractive level of income and the potential for capital growth, becoming the REIT of choice for private and institutional investors seeking high and stable dividends from well-diversified UK real estate. Custodian Capital Limited is the discretionary investment manager of the Company.  For more information visit www.custodianreit.com and www.custodiancapital.com.

ISIN:	GB00BJFLFT45
Category Code:	MSCU
TIDM:	CREI
LEI Code:	2138001BOD1J5XK1CX76
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	92438
EQS News ID:	1163967

End of Announcement	EQS News Service