abrdn Property Income Trust completes fifth asset sale this year
Sold an industrial asset in Dover for £9.5m
REIT
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Regional Reit repays its retail bond in full by August deadline
Had proposed a capital raising of £110.5m at the end of June to pay back its debt
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Tritax EuroBox: No formal offer has been received from Brookfield
Brookfield announced it is in the ‘early stages’ of assessing a cash offer
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Big Help Group surrenders 30% of its property portfolio to Home Reit
600 properties were handed over to Home Reit
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Custodian Property Income completes £2.35m property sale
Disposal comes at a 15% premium to its valuation
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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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Regional REIT considers new share offer at ‘material discount’ amid performance woes
‘Exploring a range of refinancing options’
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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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LGIM to increase Reit exposure in UK property fund
Trust exposure will increase from 4% to 45% in an effort to improve liquidity
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Tritax Big Box tables £924m offer for UK Commercial Property Reit
Creating a £3.9bn trust if approved
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Abrdn confirms 500 redundancies in cost-cutting ‘transformation plan’ amid £12.4bn outflows
£150m of costs will be cut across the business over two years
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Abrdn Property Income Trust agrees merger with Custodian Property Income Reit
The enlarged Custodian Property Reit will manage £1bn assets
