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Custodian REIT confident on outlook for commercial property as it focuses on rent collections

Custodian REIT PLC's (LON:CREI) Richard Shepherd-Cross tells Proactive London's Andrew Scott they're focusing on rents and cashflow in the current coronavirus (COVID-19) environment.

He says they've changed its dividend policy which will be based for the time being on how much rent comes in.

Shepherd-Cross adds that it's too early to assess the long-term impact but he believes it may accelerate pre-existing trends in the use of commercial property.

Quick facts: Custodian REIT

Price: 87.6 GBX

LSE:CREI
Market: LSE
Market Cap: £367.97 m
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Custodian REIT reports robust quarterly update - Capital Network analyst

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on 05/01/2019

2 min read