Investment Trusts

abrdn European Logistics Income PLC

ASLI:LSE

abrdn European Logistics Income PLC

  • Price (GBX)60.20
  • Today's Change-0.20 / -0.33%
  • Shares traded912.38k
  • 1 Year change-4.14%
  • Beta0.3488
Data delayed at least 20 minutes, as of Oct 04 2024 16:35 BST.
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Profile data is unavailable for this security.

About the 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. Its 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. Its properties include Avignon, Krakow and Madrid-Gavilanes, among others. The Company's alternative investment fund manager is abrdn Fund Managers Limited. abrdn Investments Ireland Limited is its investment manager.

  • Revenue in GBP (TTM)33.77m
  • Net income in GBP-55.66m
  • Incorporated2017
  • Employees0.00
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Profile

Management group(s)abrdn Fund Managers Limited
AIC sectorProperty - Europe
ISINGB00BD9PXH49
Launch date15 Dec 2017
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

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.

Managed by

Attila Molnar, Troels Andersen, Geoff Hepburn

Management & contract fees

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

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Jpmorgan China Growth & Income PLC-90.82m-95.92m222.15m0.00222.15m0.00
TwentyFour Select Monthly Income Fnd Ltd40.25m37.93m223.19m0.00223.19m0.00
INVESCO Asia Trust plc9.84m5.56m227.24m0.00227.24m0.00
British Smaller Companies VCT plc14.57m10.62m235.48m0.00235.48m0.00
Martin Currie Global Portfolio Trust PLC18.46m15.85m236.70m0.00236.70m0.00
Blackstone Loan Financing Ltd86.78m85.58m241.29m0.00241.29m0.00
abrdn European Logistics Income PLC33.77m-55.66m247.04m0.00247.04m0.00
International Biotechnology Trust Plc25.80m18.19m247.05m0.00247.05m0.00
CC Japan Income and Growth Trust PLC64.60m60.78m248.58m0.00248.58m0.00
JPMorgan US Smaller Co Inv Trust PLC16.87m12.27m254.69m0.00254.69m0.00
Baillie Gifford UK Growth Trust PLC3.41m389.00k254.77m0.00254.77m0.00
Taylor Maritime Investments Ltd-32.41m-40.77m255.47m8.00255.47m8.00
Manchester & London Investment Trust plc126.36m121.16m268.25m0.00268.25m0.00
Intuitive Investments Group PLC824.00k-865.00k271.07m0.00271.07m0.00
Hansa Investment Company Ltd96.05m91.42m271.60m0.00271.60m0.00
Montanaro European Smllr Cmpns Trst PLC18.37m14.63m272.78m0.00272.78m0.00
Data as of Oct 04 2024. Currency figures normalised to abrdn European Logistics Income PLC's reporting currency: UK Pound GBX

Institutional shareholders

51.68%Per cent of shares held by top holders
HolderShares% Held
East Riding of Yorkshire Council (Investment Management)as of 25 Apr 202433.00m8.01%
Asset Value Investors Ltd.as of 16 May 202427.73m6.73%
Brewin Dolphin Wealth Management Ltd.as of 21 May 202426.34m6.39%
Avi Global Trust Plc (Investment Management)as of 15 May 202426.32m6.39%
Quilter Cheviot Ltd.as of 20 May 202423.49m5.70%
CG Asset Management Ltd.as of 01 Mar 202419.21m4.66%
Investec Wealth & Investment Ltd.as of 20 May 202418.41m4.47%
Brewin Dolphin Ltd.as of 20 May 202413.72m3.33%
Interactive Investor Services Ltd.as of 25 Apr 202412.45m3.02%
Nottinghamshire County Council Pension Fundas of 01 Aug 202412.32m2.99%
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Data from 31 May 2024 - 18 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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