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.
Current stock price: 49.50 pence, up 1.4% in London on Wednesday
12-month change: down 37%
By Heather Rydings, Alliance News senior economics reporter
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