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LONDON - Custodian Property Income REIT plc (LSE:CREI) purchased 250,000 of its ordinary shares on Friday at a price of 78.8 pence per share, the UK-based property investment company announced today.
The transaction, valued at £197,000 plus costs, was executed as part of the company’s ongoing share buyback program announced on July 17, 2025. The acquired shares will be held in treasury.
According to the company’s statement, Deutsche Numis is operating the buyback program independently during closed periods, following non-discretionary instructions.
Since the program’s inception, Custodian Property Income REIT has repurchased a total of 3,538,096 shares for an aggregate consideration of £2.8 million. The weighted average cost per share stands at 78.1 pence, which the company reports represents an 18.9% discount to its dividend-adjusted net asset value per share.
Following this latest transaction, Custodian Property Income REIT holds 3,538,096 ordinary shares in treasury and has 460,240,645 ordinary shares in issue, excluding treasury shares.
Custodian Property Income REIT focuses on investing in a diversified portfolio of smaller regional properties across the UK with the aim of delivering strong income returns, according to the press release statement.
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