Custodian REIT plc : Disposal of Property

Custodian REIT plc (CREI) Custodian REIT plc : Disposal of Property 29-March-2018 / 16:37 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 March 2018   Custodian REIT plc   ("Custodian REIT" or the "Company")   Disposal of Property   Custodian REIT (LSE: CREI), the UK property investment company, is pleased to announce the disposal of a property from its portfolio.    The Company has sold a 10,736 sq ft high street retail unit in Hinckley for £0.6 million, in line with the 31 December 2017 valuation.   The property was part of the initial portfolio acquired on the Company's admission to the London Stock Exchange in 2014.  The Company intends to use the proceeds from the disposal to fund acquisitions better aligned to its stated investment strategy.   Commenting on the disposal, Richard Shepherd-Cross, Managing Director of Custodian Capital Limited (the Company's external fund manager), said:   "Due to its size, this asset was identified as being non-core within our ongoing strategy.  Over the last year we have extended the lease at the property to enable disposal at the highest possible valuation."   - Ends -   For further information, please contact:   Custodian Capital Limited   Richard Shepherd-Cross / Nathan Imlach / Ian Mattioli MBE Tel: [phone]   www.custodiancapital.com   Numis Securities Limited   Nathan Brown / Hugh Jonathan Tel: [phone]   www.numiscorp.com   Camarco   Ed Gascoigne-Pees Tel: [phone]   www.camarco.co.uk   Notes to Editors   Custodian REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014.  Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by properties with individual values of less than £10 million at acquisition.    The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund.  By targeting sub £10 million lot size, regional properties, the Company intends to provide investors with an attractive level of income with the potential for capital growth.    Custodian Capital Limited is the discretionary investment manager of the Company.    For more information visit www.custodianreit.com and www.custodiancapital.com.   Â

ISIN:	GB00BJFLFT45
Category Code:	DIS
TIDM:	CREI
Sequence No.:	5349

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End of Announcement	EQS News Service

670681  29-March-2018