abrdn European Logistics Income PLC ( (GB:ASLI) ) has issued an update.
abrdn European Logistics Income plc has announced its first capital distribution under the B Share Scheme following the sale of several properties in the Netherlands and Spain. The sales have allowed the company to reduce its debt and distribute approximately £16.5 million to shareholders through the issuance and redemption of B Shares, reflecting a strategic move in its wind-down process.
More about abrdn European Logistics Income PLC
abrdn European Logistics Income plc is a company focused on investing in a diversified portfolio of European logistics real estate. The company is currently in a managed wind-down phase.
YTD Price Performance: 2.38%
Average Trading Volume: 875,237
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £248.1M
See more data about ASLI stock on TipRanks’ Stock Analysis page.