Standard Life Investments Property Income (GB:API) has released an update.
abrdn Property Income Trust Limited (API) plans to conduct a Managed Wind-Down, intending to realize its portfolio assets to repay borrowings and return capital to shareholders, aiming for the best achievable asset values. Shareholders are urged by the API Board to vote in favor of the proposed investment policy change, which is a key condition for the Managed Wind-Down process. The process anticipates an 18-36 month period for asset realization and includes a potential liquidation and delisting from the London Stock Exchange at its conclusion.
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