Custodian Property Income REIT sells two more properties for £15m
Disposals will reduce the trust’s loan-to-value ratio by 2%
Disposals will reduce the trust’s loan-to-value ratio by 2%
Ahead of shareholder meetings on 27 March
Custodian board expects API to maintain its recommendation for all-share merger
Shareholder meeting to discuss Custodian’s offer for the trust delayed to 20 March
Custodian had proposed an all-share merger with API in January
The enlarged Custodian Property Reit will manage £1bn assets
New name ‘better reflects the company’s primary focus on generating income returns’