In this edition of the Money Makers Investment Trusts Podcast, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the 2024 AIC Best Broadcast Journalist Award, is joined by Richard Shepherd-Cross, manager of the Custodian Property Income REIT (CREI) to discuss the trust.

Section Timestamps:
0:00:23 - Introduction
0:00:51 - Looking back over ten years of CREI
0:03:14 - Pros and cons of managing a commercial property trust
0:08:12 - Capital growth
0:13:08 - Cost of ownership and cost disclosure
0:16:37 - Gearing
0:21:04 - A short break
0:21:59 - The discount
0:31:00 - The merger proposal with Abrdn Property Income (API)
0:34:35 - Are investment trusts really the best structure for commercial property?
0:39:03 - Risk of an undervalued takeover
0:42:59 - Close


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This week, as well as the usual features, the Circle features a profile of Mid Wynd International (MWY). Future profiles include CQS New City High Yield (NCYF) and Manchester and London (MNL). Look out for the latest edition of our new expanded weekly subscriber email which summarises Jonathan's latest thoughts and includes a comprehensive summary of all the latest news. The content of that email is also available for subscribers via the website. A subscription costs £12 a month or £120 for one year.

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You can find more information, including relevant disclosures, at www.money-makers.co. Please note that this podcast is provided for educational purposes only and nothing you hear should be considered as investment advice. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.