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Abrdn Property (API) Share News

UK dividends calendar - next 7 days

24th Aug 2023 15:48

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UK dividends calendar - next 7 days

10th Aug 2023 15:46

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IN BRIEF: abrdn Property Income Trust ups NAV by 1.7% over quarter

9th Aug 2023 11:46

abrdn Property Income Trust Ltd - investing in a portfolio of UK commercial properties in the industrial, office, retail and 'other' sectors, where 'other' includes leisure, data centres, student housing, hotels and healthcare - Reports a net asset value of 83.8 pence as at June 30, up 1.7% from 82.4p as at March 31. Total NAV return, including dividends, in the quarter ended June 30 is 3.0%. Portfolio valuation increases by 0.4% on a like-for-like basis in the quarter. Says it was not involved in any investment transactions during the quarter but continued to have a "busy time" of asset management, with "encouraging progress" on lettings and securing future income. Read More

UK shareholder meetings calendar - next 7 days

7th Jun 2023 15:47

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UK dividends calendar - next 7 days

24th May 2023 15:46

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UK dividends calendar - next 7 days

4th May 2023 16:11

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Abrdn Property Income optimistic about Merseyside developments

20th Apr 2023 16:48

(Alliance News) - The abrdn Property Income Trust said on Thursday that it had completed forward funding on one large property, and commenced work on a speculative industrial warehouse, in Merseyside this month. Read More

UK dividends calendar - next 7 days

17th Feb 2023 15:54

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SMALL-CAP WINNERS & LOSERS: Superdry falls as UK retail sales slow

7th Feb 2023 10:16

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

IN BRIEF: abrdn Property quarterly net asset value falls by 20%

3rd Feb 2023 14:08

abrdn Property Income Trust Ltd - commercial property investor - On Thursday says net asset value as at December 31 year-end amounts to 84.8 pence share, down 20% from 106.1 pence as at September 30. For the quarter ended on December 31, total return is negative 19%. Says its portfolio valuation has decreased by 14% on a like for like basis during the quarter, whilst the MSCI monthly index decreases by 16% over the same period. Declares quarterly dividend of 1.0 pence per share. Read More

UK dividends calendar - next 7 days

2nd Feb 2023 15:50

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UK dividends calendar - next 7 days

18th Nov 2022 15:45

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TRADING UPDATES: Genel backs outlook; abrdn Property Income NAV falls

4th Nov 2022 21:01

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

UK dividends calendar - next 7 days

3rd Nov 2022 15:44

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IN BRIEF: abrdn Property Income Trust sells office building in Surrey

2nd Nov 2022 16:20

abrdn Property Income Trust Ltd - commercial property investor - Completes sale of The Kirkgate in Epsom, England for GBP7.7 million, reflecting a net initial yield of 7.25%. The office building was fully-let to 6 tenants with an unexpired term to break of 2.5 years. The price reflects an 11.7% discount to its June valuation. Read More

IN BRIEF: abrdn Property completes extension of debt facility

14th Oct 2022 14:23

abrdn Property Income Trust Ltd - commercial property investor - On Wednesday competes an extension to its borrowing arrangements with the Royal Bank of Scotland International. Says the extension has been agreed for another three-year with a term loan of GBP85 million and a revolving credit facility of GBP80 million. The new facility will start in March 2023 with a margin of 150 basis points over Sterling Overnight Index Average for both the term loan and the RCF. API currently has two loan facilities with the bank. One is a GBP110 million term loan and the other is a GBP55 million revolving credit facility. Both facilities are due to expire in March next year. Read More

IN BRIEF: abrdn Property Income sells industrial investment in London

7th Oct 2022 14:36

abrdn Property Income Trust Ltd - commercial property investor - On Wednesday, said it completed sale of industrial investment in Rainham, East London for GBP21.7 million to an undisclosed buyer. Says sale of asset purchased in 2007 reflects 2.8% yield. "Proceeds of the sales are being used to pay down the drawn revolving credit facility," abrdn explains. Read More

TRADING UPDATES: abrdn Property's NAV rises; Foresight VCT's falls

4th Oct 2022 13:55

(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More

SMALL-CAP WINNERS & LOSERS: Honeycomb merges; Dignity swings to loss

30th Sep 2022 11:06

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More

UK earnings, trading statements calendar - next 7 days

23rd Sep 2022 15:56

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