Custodian Property Income REIT sells two more properties for £15m
Disposals will reduce the trust’s loan-to-value ratio by 2%
Custodian
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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 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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Abrdn Property Income postpones general meeting in wake of rival takeover bid
Shareholder meeting to discuss Custodian’s offer for the trust delayed to 20 March
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Urban Logistics Reit tables rival bid for API
Custodian had proposed an all-share merger with API in January
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Abrdn Property Income Trust agrees merger with Custodian Property Income Reit
The enlarged Custodian Property Reit will manage £1bn assets
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Custodian Reit rebrands to attract retail investors using online platforms
New name ‘better reflects the company’s primary focus on generating income returns’