Custodian Property Income REIT (ticker: CREI) was launched in 2014. An initial portfolio of around 50 UK property assets has now trebled in size to around 150 which is diversified by both region and sector but has a particular focus on smaller properties valued at less than £10m. CREI's portfolio is valued at just under £600m and it has around £170m of debt, mostly at fixed interest rates and with staggered maturity dates. The trust has a market cap of about £340m and trades at a discount of around 20%, a little wider than its three-year average of 15%. CREI raised its dividend from 5.25p in 2...
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