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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.

Current stock price: 65.98 pence each, down 0.5% on Friday afternoon in London

12-month change: down 21%

By Xindi Wei, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Abrdn Property
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