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Pin to quick picksAbstd Euro Log. Share News (ASLI)

Share Price Information for Abstd Euro Log. (ASLI)

London Stock Exchange
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Share Price: 117.50
Bid: 117.00
Ask: 118.00
Change: 0.00 (0.00%)
Spread: 1.00 (0.85%)
Open: 117.50
High: 119.50
Low: 117.00
Yest. Close: 119.00
ASLI Live PriceLast checked at -
Aberdeen Standard European Logistics Income is an Investment Trust

To provide a regular and attractive level of income and capital growth from investing in high quality European logistics real estate.

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IN BRIEF: Aberdeen Standard European buys logistics hub in Poland

Wed, 7th Apr 2021 16:45

Aberdeen Standard European Logistics Income PLC - investment firm - Agrees to buy a modern logistics and distribution property in Lodz, Poland. The company says it will acquire the asset for EUR28.0 million, representing a net initial yield of 5.6%, from logistics and industrial developer Panattoni. The asset is 100% leased to six tenants generating a net operating income of EUR1.6 million and with a weighted average lease term of 6.7 years.

In addition, the company says Office Depot France, the sole tenant occupying its Meung-sur-Loire asset in France, paid fourth quarter of 2020 rent in full and the rent due for February and March 2021 has been paid. In total, one month's rent plus a small element of deferred rent, amounting to EUR258,000, remains outstanding.

Current stock price: 108.50 pence

Year-to-date change: unchanged

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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