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abrdn European Logistics Declares Fourth Interim Distribution Amid Wind-Down

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abrdn European Logistics Declares Fourth Interim Distribution Amid Wind-Down

abrdn European Logistics Income PLC ( (GB:ASLI) ) has issued an announcement.

abrdn European Logistics Income PLC announced a fourth interim distribution for the financial year ending December 31, 2024, amounting to 0.97 euro cents per ordinary share. With the ongoing managed wind-down and asset disposal program, the company’s income and distribution capability are expected to decline, impacting its operational strategy and financial returns for stakeholders.

More about abrdn European Logistics Income PLC

abrdn European Logistics Income PLC operates in the real estate industry, focusing on a diversified portfolio of logistics properties across Europe. It primarily invests in logistics facilities, catering to the growing demand for efficient supply chain and distribution networks.

YTD Price Performance: 2.38%

Average Trading Volume: 870,355

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £248.1M

Learn more about ASLI stock on TipRanks’ Stock Analysis page.

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