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UBS Acquires 5.47% Stake in ABRDN Property Income Trust

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UBS Acquires 5.47% Stake in ABRDN Property Income Trust

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Standard Life Investments Property Income ( (GB:API) ) has shared an update.

ABRDN Property Income Trust Limited, a non-UK issuer, is involved in the property investment sector. The company recently experienced a change in its shareholder composition, as UBS Group AG’s Investment Bank & Global Wealth Management division acquired a 5.47% stake in the company. This acquisition could potentially influence the company’s strategic direction and stakeholder interests, given UBS’s significant voting rights.

More about Standard Life Investments Property Income

Average Trading Volume: 1,517,728

Technical Sentiment Signal: Hold

Current Market Cap: £20.89M

Find detailed analytics on API stock on TipRanks’ Stock Analysis page.

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