Investment Trusts

abrdn European Logistics Income PLC

ASLI:LSE

abrdn European Logistics Income PLC

  • Price (GBX)57.40
  • Today's Change-0.20 / -0.35%
  • Shares traded1.21m
  • 1 Year change0.88%
  • Beta0.3642
Data delayed at least 20 minutes, as of Nov 22 2024 15:47 GMT.
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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)33.57m
  • Net income in GBP-55.35m
  • 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
Diverse Income Trust PLC44.72m41.95m216.54m0.00216.54m0.00
Baronsmead Second Venture Trust PLC9.86m4.23m217.90m0.00217.90m0.00
Income and Growth VCT PLC12.36m9.11m218.25m0.00218.25m0.00
INVESCO Asia Trust plc9.84m5.56m220.63m0.00220.63m0.00
Martin Currie Global Portfolio Trust PLC18.46m15.85m223.87m0.00223.87m0.00
TwentyFour Select Monthly Income Fnd Ltd40.25m37.93m227.01m0.00227.01m0.00
British Smaller Companies VCT plc14.57m10.62m227.93m0.00227.93m0.00
abrdn European Logistics Income PLC33.57m-55.35m237.04m0.00237.04m0.00
Baillie Gifford UK Growth Trust PLC3.41m389.00k243.39m0.00243.39m0.00
Taylor Maritime Investments Ltd-33.77m-42.48m245.25m8.00245.25m8.00
International Biotechnology Trust Plc44.54m38.88m246.17m0.00246.17m0.00
CC Japan Income and Growth Trust PLC64.60m60.78m249.25m0.00249.25m0.00
Foresight Ventures VCT PLC-3.64m-6.72m249.44m0.00249.44m0.00
Gore Street Energy Storage Fund PLC2.27m-5.66m253.05m0.00253.05m0.00
Intuitive Investments Group PLC824.00k-865.00k257.61m0.00257.61m0.00
Montanaro European Smllr Cmpns Trst PLC18.37m14.63m258.57m0.00258.57m0.00
Data as of Nov 22 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 Jul 2024 - 01 Nov 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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