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Abrdn European Logistics Income sells three assets

Abrdn European Logistics Income has sold three assets as it pursues a managed wind-down of the business.

The deals include the sale of a warehouse in Oss, the Netherlands, to occupier Orangeworks for €15.7m (£13.2m); and two warehouses in Barcelona and Madrid to Fidelity Real Estate Logistics for a combined €29.7m.

The company said detailed due diligence is ongoing over three more assets, and that further assets are marked for sale with agents.

 

 

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