IN BRIEF: abrdn Property Income sells industrial investment in London
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