Standard Life Investments Property Income (GB:API) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
abrdn Property Income Trust Limited has successfully sold an office property at 101 Princess Street in Manchester for £4.3 million, slightly below its mid-year valuation. The multi-tenanted building, with mixed office and leisure space, faced a high vacancy rate, posing a challenge in the current market. Proceeds from the sale will be used to reduce the company’s revolving credit obligations.
For further insights into GB:API stock, check out TipRanks’ Stock Analysis page.
