Business
Unaudited Net Asset Value as at 31 December 2025
abrdn European Logistics Income plc reported an unaudited Net Asset Value (NAV) per Ordinary Share of 33.5 euro cents (29.3 pence) as of 31 December 2025, a decrease from 49.3 euro cents (43.1 pence) on 30 September 2025, with the NAV including estimated disposal and liquidation costs at 32.6 euro cents (28.4 pence). The company sold a significant portion of its portfolio during the quarter, including three Polish warehouse estates for approximately €84 million and two French warehouses for €15.6 million, with further post-quarter sales in France and the Netherlands totalling €50.4 million. Debt was reduced by €22 million with the repayment of a BayernLB loan and €34.3 million with the full repayment of BerlinHyp debt. The company also declared and paid an interim distribution of 1.0 euro cent per share and distributed €47.3 million via B shares. The managed wind-down is progressing with 25 of 27 assets sold, generating over €507 million in gross proceeds. Disclaimer*
About this update from Abrdn European Logistics Income Plc
[{"type":"text","content":"\n\nabrdn European Logistics Income plc LEI: 213800I9IYIKKNRT3G50\nUnaudited Net Asset Value as at 31 December 2025\n13 April 2026 - abrdn European Logistics Income plc (the \"Company\" or \"ASLI\") announces its unaudited Net Asset Value (\"NAV\") for the quarter ended 31 December 2025. To enhance disclosure for shareholders, the NAV is presented both including and excluding estimated property disposal and SPV liquidation costs.\nSummary\n\n\n\n\n-\n\n\nOn a like-for-like basis, the valuation of the five remaining portfolio assets as at 31 December 2025, located in France and the Netherlands, decreased by €0.8m (0.5%) during the quarter to €155.1 million.\n\n\n\n\n- \n\n\nIFRS NAV per Ordinary Share decreased to 33.5 euro cents (GBp - 29.3p) (30 September 2025 estimated NAV: 49.3 euro cents (GBp - 43.1p)).\n\n\n\n\n-\n\n\nNAV per Ordinary Share including provision for estimated portfolio disposal and Company structure liquidation costs decreased to 32.6 euro cents (GBp - 28.4p) (30 September: 48.2 euro cents (GBp - 42.1p)).\n\n\n\n\n-\n\n\nDuring the quarter, the Company sold:\n- Three multi-let warehouse estates located in Krakow, Lodz and Warsaw in Poland for an aggregate consideration of approximately €84 million.\n- Two warehouses located in Bruges (Bordeaux) and La Crèche (Niort) in France for an aggregate consideration of approximately €15.6 million.\nPost quarter-end, the Company completed the sales of:\n- An asset located in Dijon, France, for a consideration of approximately €7.9 million.\n- The warehouse located in Waddinxveen, the Netherlands, for €35 million.\n- The property located in Noves, near Avignon, France, for €47.5 million.\n\n\n\n\n-\n\n\nDuring the quarter, the Company repaid its €22 million loan with BayernLB, which had been due to mature in February 2026.\nPost quarter-end, net sales proceeds were used to repay in full the €34.3 million BerlinHyp debt secured against the Ede and Waddinxveen properties.\n\n\n\n\n-\n\n\nAn interim distribution of 1.0 euro cent (equivalent to 0.88 pence) per Ordinary share, was declared and paid during the quarter.\n\n\n\n\n-\n\n\nDuring the quarter, the Company issued and redeemed further B shares of one penny ea...