Business
Sale of Polish Assets
abrdn European Logistics Income plc announced the sale of three warehouse estates in Poland for approximately €84 million, representing a 5% discount to the Q2 2025 valuation. These properties, totaling over 91,000 square metres, were constructed between 2018 and 2020. Following this disposal, the company has now sold 20 of its original 27 assets, generating aggregate gross sales proceeds of €400 million before debt repayment, as part of its managed wind-down. Four additional assets, representing 55,000 square metres, are under offer, with the final three assets in various stages of the sales process, targeting completion in Q1 2026. Future dividend payments are expected to be limited due to declining income. Disclaimer*
About this update from Abrdn European Logistics Income Plc
[{"type":"text","content":"\n\nabrdn European Logistics Income plc LEI: 213800I9IYIKKNRT3G50\nDisposal of a further three assets, in Poland, for €84 million\n-20 assets have now been sold as part of the managed wind-down, generating aggregate gross sales proceeds of €400 million-\n3 November 2025 - abrdn European Logistics Income plc (the \"Company\" or \"ASLI\"), which is invested in a portfolio of European logistics real estate, announces that it has completed the sale of three further assets in Poland, as part of its managed wind-down.\nThe three multi-let warehouse estates are located in Krakow, Lodz and Warsaw in Poland and were sold for an aggregate consideration of approximately €84 million, representing a c.5% discount to the Q2 2025 valuation. Totalling over 91,000 square metres of leasable area, the properties were constructed between 2018 and 2020.\nConditional sale and purchase agreements were signed in August 2025 following completion of the required due diligence process.\nThese three assets were marked at their sales values in the recently announced Q3 2025 estimated net asset value.\nContinued Sales Process\nThe Company continues to progress its shareholder-approved managed wind-down, with the disposal programme now well advanced. Following these sales, 20 of the original 27 assets have been sold, generating aggregate gross sales proceeds of €400 million before repayment of associated debt.\nFour further assets, representing 55,000 square metres of leasable area, are currently under offer and subject to detailed due diligence and the anticipated signing of sales agreements. The final three assets remain at various stages of the sales process. Completions are targeted for Q1 2026. Further updates will be provided in due course, including details of the next return of capital to shareholders.\nShareholders are reminded that, with the managed wind-down entering its later stages, the Company's income has continued to decline substantially. As a result, any future dividend payments are expected to be limited to those required to maintain the Company's investment trust status.\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 &n...