7 June 2016

Custodian REIT announces final results for the period ending 31 March 2016

Custodian REIT, the UK commercial real estate investment company, today reports its final results for the year ended 31 March 2016.

Financial highlights and performance summary

• NAV total return1 of 6.2% (2015: 7.0%)
• NAV per share up 0.2% to 101.5p (2015: 101.3p)
• Dividends per share2 up 19.0% to 6.25p (2015: 5.25p)
• Profit after tax up 28.7% to £11.2m (2015: £8.7m)
• Portfolio value of £319.0m (2015: £207.3m)
• £109.8m invested in 29 acquisitions and on-going developments
• Average portfolio net initial yield (“NIY”) 6.9% (2015: 7.2%)
• Weighted average unexpired lease term 6.7 years (2015: 7.2 years)
• Occupancy rate3 96.8% (2015: 99.2%)
• £77.7m4 of new equity raised at average premium of 3.45% to NAV
• Completion of a new £45.0m, 12 year, fixed rate loan following the year end

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