Custodian Property Income REIT makes £22m all-share portfolio acquisition

Custodian Property Income REIT (LSE: CREI) has completed the £22.1m all-share acquisition of Merlin Properties Limited, a private family-owned property company. The transaction brings with it a £19.4m portfolio of 28 small regional UK assets and a further £2.7m in new-build housing stock, expected to be sold in the coming months. The acquisition, which adds … Continue reading Custodian Property Income REIT makes £22m all-share portfolio acquisition