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Custodian REIT buys two drive-through restaurants for GBP3.0 million

11th Jul 2022 09:38

(Alliance News) - Custodian REIT PLC on Monday said it has bought two drive-through restaurants in York, connected to the A1 and M62 motorways.

The GBP3.0 million purchase in York's Clifton Moor Retail Park covers a Burger King and a KFC franchise restaurant, the Leicester, England-based real estate investment trust explained. It was financed via the firm's existing debt facilities.

Custodian REIT shares were 0.6% higher at 100.47 pence each in London on Monday morning.

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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