Business
Confirmation of €23.5m warehouse sale in Ede
abrdn European Logistics Income plc has completed the sale of its warehouse in Ede, Netherlands, for €23.5 million as part of its managed wind-down. The 39,569 square metre property, leased to AS Watson until July 2033, was sold at a 2.9% discount to its December 2025 valuation. The company will undertake climate-related remedial works costing no more than €0.5 million, with an equivalent sum held in escrow pending completion. Disclaimer*
About this update from Abrdn European Logistics Income Plc
[{"type":"text","content":"\n\nabrdn European Logistics Income plc LEI: 213800I9IYIKKNRT3G50\nConfirmation of sale of warehouse in Ede for €23.5 million\n18 May 2026 - abrdn European Logistics Income plc (the \"Company\" or \"ASLI\"), which is in the process of selling down its portfolio of European logistics real estate, announces that it has now completed on the previously announced sale of its warehouse located in Ede, the Netherlands, as part of its shareholder-approved managed wind-down.\nThe 39,569 square metre freehold warehouse which is leased to AS Watson (Property Continental Europe) B.V. until 31 July 2033 has been sold for €23.5 million, a 2.9% discount to the property valuation as at 31 December 2025. As part of the sale agreement, the Company has agreed to undertake certain climate related remedial works at a cost of no more than €0.5 million. An equivalent sum of €0.5 million will be held in escrow until such works are completed.\nDetails of the Company and its remaining property portfolio may be found on the Company's website at: http://www.eurologisticsincome.co.uk\nFor further information please contact:\nAberdeen +44 (0) 20 7156 2382\nBen Heatley \nInvestec Bank plc  ...