Leicester property investor doubles profits
Custodian REIT, the listed Leicester commercial real estate investment company, has more than doubled its profits over the last 12 months.
In a statement, the firm said profits for the year-ending 31 March were £24.2m - up from £11.2m in 2016.
Custodian REIT's portfolio is now worth £415.8m - up from £319m a year ago.
David Hunter, chairman of Custodian REIT, said: "I am pleased to report that Custodian REIT has continued to deliver strong shareholder returns with NAV per share total return of 8.5% (2016: 6.4%) for the ye... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
