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abrdn Property Income Trust Progresses with Managed Wind-down

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abrdn Property Income Trust Progresses with Managed Wind-down

An announcement from Standard Life Investments Property Income ( (GB:API) ) is now available.

abrdn Property Income Trust Limited is progressing with its managed wind-down, following an initial return of 55 pence per share in December 2024. The company plans to release its annual results for the year ending December 2024 in late April 2025, which will include updates on the wind-down process, the sale of Far Ralia, and future distributions to shareholders.

More about Standard Life Investments Property Income

abrdn Property Income Trust Limited is an authorized closed-ended investment company incorporated in Guernsey, focusing on property investments.

YTD Price Performance: -16.81%

Average Trading Volume: 1,731,203

Technical Sentiment Signal: Sell

Current Market Cap: £21.88M

See more insights into API stock on TipRanks’ Stock Analysis page.

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