Finance

NAV and property values fall at abrdn’s European logistics fund

By 2023-02-23T08:35:00

abrdn Logistics Income REIT asset in Niort France

The value of abrdn European Logistics Income REIT’s portfolio fell 6% in the three months to the end of December as a result of outward yield movements.

The group’s portfolio valuation fell by €48.6m (£42.8m) from €807.4m to €758.7m during the quarter.

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