abrdn Property Income Trust completes fifth asset sale this year
Sold an industrial asset in Dover for £9.5m
API
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Custodian Property Income REIT sells two more properties for £15m
Disposals will reduce the trust’s loan-to-value ratio by 2%
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API asset sale ‘casts doubt’ on merits of Custodian merger
QuotedData analysts argue that a managed wind-down should be preferable
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98% Custodian REIT shareholders approve merger with Abrdn Property Income Trust
One day after Urban Logistics urged shareholders to vote against it
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Urban Logistics urges API shareholders to reject Custodian merger
Ahead of shareholder meetings on 27 March
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Custodian REIT board offers further deal incentives ahead of proposed API merger
Comes one week before its consultation with shareholders
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Custodian Property Income Reit sets timetable for API merger despite rival bid
Custodian board expects API to maintain its recommendation for all-share merger
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Urban Logistics Reit tables rival bid for API
Custodian had proposed an all-share merger with API in January