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2025-06-02 14:49 Custodian REIT plc : Interim Results DGAP - UK - Regulatory : Custodian REIT plc : Interim Results DGAP - UK - Regulatory : Custodian REIT plc : Interim Results Custodian REIT plc ( CREI ) 30 - Nov - 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 . 6 Custodian REIT plc 30 November 2021 ( " Custodian REIT " or " the Company " ) Interim Results Custodian REIT ( LSE : CREI ) , the UK commercial real estate investment company focused on smaller lot - sizes , today reports its interim results for the six months ended 30 September 2021 ( " the Period " ) . Property highlights Property portfolio value of £ 565.3m ( 31 March 2021 : £ 551.9m , 2020 [ 1 ] : £ 532.3m ) £ 32.3m aggregate valuation increase comprising a £ 2.3m property valuation uplift from asset management initiatives and £ 30.0m of general valuation increases , primarily due to hardening yields in the industrial and logistics sector £ 12.5m² ] invested in three property acquisitions £ 4.2m profit on disposal [ 3 ] from the disposal of 10 properties for aggregate consideration of £ 38.5m comprising : A portfolio of seven industrial assets for £ 32.6m , £ 5.1m ( 19 % ) above the properties ' 31 March 2021 valuation , when terms of the sale were agreed , and £ 2.9m ( 10 % ) above the 30 June 2021 valuation , representing a net initial yield ( " NIY " ) on sale price of 5.9 % ; A retail warehouse in Galashiels to a special purchaser for £ 4.5m , £ 1.8m ( 67 % ) ahead of the 30 June 2021 valuation , representing a NIY on sale price of 5.73 % ; and Two smaller assets in the retail and other sectors £ 0.1m above valuation for aggregate consideration of £ 1.4m Since the Period end : An aggregate £ 46.5m invested in a portfolio of 10 office , retail and industrial assets through the corporate acquisition of DRUM Income Plus REIT plc ( " DRUM REIT " ) , and separately , an industrial unit in York ; and Three properties sold for consideration of £ 14.1m Financial highlights and performance summary 95 % of rent collected relating to the six - month period , adjusted for contractual rent deferrals ( year to 31 March 2021 : 91 % , 2020 : 88 % ) EPRA [ 4 ] earnings per share [ 5 ] for the six - month period increased to 3.0p ( 2020 : 2.6p ) due to the movement in the doubtful debt provision during the six - month period changing from a £ 2.9m increase in 2020 to a £ 0.1m decrease during the Period Basic and diluted earnings per share [ 6 ] increased to 11.4p ( 2020 : -3.8p ) primarily due to property portfolio valuation increases of £ 32.3m ( 2020 : £ 27.4m decrease ) Profit before tax of £ 48.1m ( 2020 : loss of £ 16.1m ) https://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?newsID=2168892&company=custodianreit&webview=1 1/38