Custodian UK REIT looking to raise £20m

CREI : Custodian UK REIT looking to raise £20m

Custodian UK REIT has announced that it is seeking to raise £20m by issuing new shares at 104.75p – a 5% premium to NAV.

UPDATE 3rd October

In the end Custodian REIT raised £25m – the Board said the issue was 2significantly oversubscribed” and so, “in light of the strong pipeline of investment opportunities” it made sense to raise an extra £5m.

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