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Abrdn European Logistics Income Plc (ASLI) Ord 1p

Sell:60.80p Buy:61.00p 0 Change: 0.20p (0.33%)
Market closed Prices as at close on 19 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:60.80p
Buy:61.00p
Change: 0.20p (0.33%)
Market closed Prices as at close on 19 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:60.80p
Buy:61.00p
Change: 0.20p (0.33%)
Market closed Prices as at close on 19 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

To aim to provide a regular and attractive level of income return together with the potential for long term income and capital growth from investing in high quality European urban logistics real estate.
Security Weight
Investment Properties 159.35%

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

Management fee of 0.75% p.a. of net assets up to EUR 1.25bn and 0.60% thereafter. Contract terminable on notice period of 12 months.

Dividend Policy

The Company pays interim dividends on a quarterly basis in relation to periods ending March, June, September and December and the last dividend referable to a financial year end will not be categorised as a final dividend that is subject to Shareholder approval.

ASSET SPLIT

Total number of holdings: 6.

Trust Manager

Troels Andersen

Manager Bio

Since 2019 Troels has been Fund Manager of abrdn's multi-sector European Long Income Real Estate Fund, having successfully overseen its launch and which has a gross asset value of c. €150 million. Prior to this he was Fund Manager of abrdn's €500 million gross asset value Aberdeen Property Nordic I Fund, together with a further segregated value-add mandate. He was previously a member of abrdn´s Nordic and European Investment Committees, which approve all major decisions for investments in the region. Troels brings 25 years of real estate investment experience, including logistics asset transactions, together with knowledge of debt facility management, having spent the first part of his career working for German banks in both Germany and the UK.

Board Of Directors

Anthony RoperChairman, John Heawood, Caroline Gulliver

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. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.