Business
Half-year Report
abrdn European Logistics Income plc reported interim results for the half-year ended June 30, 2025, with a net asset value total return (EUR) of -3.4% and a share price total return (GBP) of 16.2%. The net asset value per share was 81.2¢, while the liquidation net asset value per share was 78.8¢. EPRA net tangible assets per share amounted to 83.6¢. Total assets were €589,984,000, and IFRS net asset value was €334,635,000. The portfolio valuation stood at €545,199,000. IFRS earnings per share were -2.8¢, and an ordinary dividend of 2.03¢ per share was paid. The company had 22 properties with an average building size of 20,920 sqm, an all-in fixed interest rate of 2.30%, and gearing of 36.6%. The company sold 17 of its original 27 assets, generating over €320 million in gross sales proceeds. Shareholders received the equivalent of 29.0 pence per Ordinary share with the Company distributing a total of £119.5 million to date. Disclaimer*
About this update from Abrdn European Logistics Income Plc
[{"type":"text","content":"\n\n26 September 2025\nLEI: 213800I9IYIKKNRT3G50\nabrdn European Logistics Income plc (LSE: ASLI) (the \"Company\" or \"ASLI\")\nINTERIM RESULTS FOR THE HALF YEAR ENDED 30 JUNE 2025\nRealising assets in the Company's portfolio in an orderly manner\n \nabrdn European Logistics Income plc, the Continental European investor in modern warehouses, which is managed by Aberdeen, announces its interim results for the half year ended 30 June 2025.\n-Ends-\n \nFor further information please contact:\n \nabrdn +44 (0) 20 7463 6000\nBen Heatley\nGary Jones\n \nInvestec Bank plc +44 (0) 20 7597 4000\nDavid Yovichic\nDenis Flanagan\n \nFTI Consulting +44 (0) 20 3727 1000\nDido Laurimore\nRichard Gotla\nJames McEwan\n\n\n \nHighlights\n\n\n\n\nNet asset value total return (EUR) for the half year to 30 June 2025 (%)1\n \n(3.4)\n12 months to 31 December 2024: 0.9\n\n\nShare price total return (GBP) for the half year to 30 June 2025 (%)1\n \n16.2\n12 months to 31 December 2024: 0.1\n\n\nDiscount to net asset value\nper share (%)1\n \n(10.8)\n31 December 2024: (21.9)\n\n\n\n\nNet asset value per share\n(¢)1,3\n\n81.2\n31 December 2024: 90.8\n\n\nLiquidation net asset value per share (¢)1,3\n\n78.8 31 December 2024: 88.2\n\n\nEPRA net tangible assets pr share (¢)1\n \n83.6\n31 December 2024: 93.3\n\n\n\n\nTotal assets (€'000)\n\n\n589,984\n31 December 2024: 661,197\n\n\nIFRS net asset value\n(€'000) 3\n\n334,635\n31 December 2024: 374,108\n\n\nPortfolio valuation (€'000)2\n \n545,199\n31 December 2024: 593,991\n\n\n\n\nIFRS earnings per share for the half year to 30 June 2025 (¢)\n \n(2.8) 12 months to 31 December 2024: 0.7\n\n\nOrdinary dividend paid per share during the half year to 30 June 2025 (¢)\n \n2.03 12 months to 31 December 2024: 3.362\n\n\nNumber of properties\n\n \n22 31 December 2024: 24\n\n\n\n\nAverage building size (sqm)\n \n20,920 31 December 2024: 19.300\n\n\nAll-in fixed interest rate (%)\n \n2.30 31 December 2024: 2.02\n\n\nGearing (%)1\n \n36.6 31 December 2024: 37.0\n\n\n\n\n1 Alternative Performance Measurements - see glossary below.\n2 Excluding provision for liquidation costs. Total return including provision for liquidation costs is (4.3%).\n3 31 December 2023 includes Meung-sur-Loire, sold in March 2024 for €17.5m.\n4 Excluding adj...