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abrdn European Logistics Income Reports NAV Decline
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abrdn European Logistics Income Reports NAV Decline

abrdn European Logistics Income PLC (GB:ASLI) has released an update.

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abrdn European Logistics Income PLC reports a decrease in net asset value per ordinary share by 21.4% to 93.4 cents, with a total NAV return of -17.1% for the year ending December 31, 2023. The company’s portfolio value dropped to €634 million due to higher interest rates and sector-wide re-pricing, despite active management initiatives and disposal of mature assets. Looking forward, the company remains focused on earnings growth through portfolio occupancy improvements and leveraging indexation characteristics.

For further insights into GB:ASLI stock, check out TipRanks’ Stock Analysis page.

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