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
Shareholder meeting to discuss Custodian’s offer for the trust delayed to 20 March
Portfolio Adviser speaks to fund selectors about what the future of property investing will look like
Creating a £3.9bn trust if approved
Delayed annual results expected to be published in Q2
1.6% of the trust’s portfolio sold for £6.6m
The enlarged Custodian Property Reit will manage £1bn assets
Michael O’Donnell named as Lynne Fennah’s successor
Further 98 properties sold at auction for a total £26.5m
Harcus Parker has sent a letter of claim on behalf of over 250 claimants, including institutional shareholders
‘Very material reduction’ came as a result of external inspections
LondonMetric has until 15 January to firm up its interest in the acquisition
Trust’s board was in talks with UK Commercial Property Reit over a potential combination