Abrdn European Logistics Income Plc (ASLI) Ord 1p

Sell:35.35pBuy:35.75p0.35p (0.99%)

FTSE All Share:0.44%
Market closed |
Prices delayed by at least 15 minutes
Sell:35.35p
Buy:35.75p
Change:0.35p (0.99%)
Market closed |
Prices delayed by at least 15 minutes
Sell:35.35p
Buy:35.75p
Change:0.35p (0.99%)
Market closed |
Prices delayed by at least 15 minutes

Trust Information

About this company

abrdn European Logistics Income plc is a United Kingdom-based investment trust. The Company is engaged in investing in European logistics real estate, focused on achieving its objective of providing its shareholders with a regular and attractive level of income and capital growth. It invests in a portfolio of assets diversified by both geography and tenant throughout Europe, targeting assets in established distribution hubs and within population centers. The Company’s investment objective remains solely focused on investing in logistics real estate in Europe, with its strategy targeting both mid-box assets and smaller format urban logistics that serve last mile functions for the supply chain diversification and e-commerce activities of businesses across Europe. The Company's alternative investment fund manager is abrdn Fund Managers Limited. The Company’s investment manager is abrdn Investments Ireland Limited.

Objective

The Company will pursue its investment objective by effecting an orderly realisation of its assets while seeking to balance maximising returns for Shareholders against the timeframe for disposal.

Costs

  • Ongoing charge2.81%
  • Annual management charge -
  • Performance feeNo

Fee structure

A Management Fee of 0.5 per cent. per annum of the IFRS net asset value, calculated and paid monthly in arrears until Delisting

Value Assessment

  • Value Assessment review date30 July 2024
  • Value Assessment next review date30 July 2025
  • Is Assessment of Value required under COLL?No
  • Outcome of COLL Assessment of Valuen/a
  • Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
  • Other review related to value and or charges -
  • Further information-
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Key facts

  • Currency
    GBX
  • Benchmark
    No benchmark
  • Shares in issue
    412.17m
  • Gross gearing
    125.00%
  • EPIC
    ASLI
  • ISIN
    GB00BD9PXH49
  • Domicile
    United Kingdom
  • Exchange
    London Stock Exchange (LON)
  • Index
    FTSE All Share Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.