Update research from QuotedData

RNS Number : 5150M
Aberdeen Standard Eur Lgstc Inc PLC
21 September 2021
 

Aberdeen Standard European Logistics Income

21 September 2021

 

Handbrake off in growth drive

 

Aberdeen Standard European Logistics Income's (ASLI's) manager has taken a prudent approach to growing the fund thus far, taking a littleand-often capital raise strategy to improve the quality of the portfolio. However, it now proposes a £75m placing to acquire assets from an identified investment pipeline worth €165m and take advantage of the structural tailwinds behind the logistics sector.

 

ASLI is poised to capture significant rental growth in the short and medium term. The European logistics market is characterised by growing demand for space - driven by a continued boom in online retailing - and historic low levels of supply of logistics property. The fund's market-leading environmental, social and governance (ESG) credentials, with further initiatives to come, emphasise the quality nature of the portfolio and ensures that it is fit for the future.

 

Full research:

https://quoteddata.com/research/aberdeen-standard-european-logistics-income-handbrake-growth-drive-qd/

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