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UBS Reduces Holdings in Abrdn Property Income Trust

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UBS Reduces Holdings in Abrdn Property Income Trust

Standard Life Investments Property Income ( (GB:API) ) has shared an announcement.

UBS Group AG’s investment holdings in Abrdn Property Income Trust Ltd have fallen below the 5% threshold, exempting them from further reporting obligations. This change in holdings indicates a shift in UBS’s investment strategy and may impact the market perception of Abrdn Property Income Trust, potentially influencing other stakeholders’ decisions.

More about Standard Life Investments Property Income

YTD Price Performance: -1.45%

Average Trading Volume: 2,348,529

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £25.92M

Find detailed analytics on API stock on TipRanks’ Stock Analysis page.

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