Sale of French Assets

Summary by AI ^BETAClose X

abrdn European Logistics Income plc has sold two French logistics assets in Bruges and La Crèche to their existing tenant, Dachser France, for approximately €15.6 million. This disposal aligns with the company's Q3 2025 estimated net asset value and is part of its managed wind-down, bringing the total number of sold assets to 22 out of an original 27, generating aggregate gross sales proceeds of €415 million before debt repayment. The company has a further asset sale agreement expected to complete in January 2026 and anticipates the remaining four assets to be sold before the end of Q1 2026, with updates on capital returns to shareholders to follow.

Disclaimer*

abrdn European Logistics Income plc

12 January 2026

abrdn European Logistics Income plc
LEI: 213800I9IYIKKNRT3G50

Disposal of two French assets for €15.6 million

-22 of the original 27 assets have now been sold as part of the managed wind-down, generating aggregate gross sales proceeds of €415 million-

12 January 2026 - abrdn European Logistics Income plc (the "Company" or "ASLI"), which is in the process of winding down its portfolio of European logistics real estate, announces that it has completed the sale of two further assets in France as part of its shareholder-approved managed wind-down.

The two warehouses located in Bruges (Bordeaux) and La Crèche (Niort) in France have been sold to their existing tenant, the logistics group Dachser France, for an aggregate consideration of approximately €15.6 million. The assets comprise cross-dock parcel facilities providing a combined lettable area of over 10,000 square metres and were constructed in 2005 and 2014, respectively.

The assets were disposed of in line with the values reflected in the Company's Q3 2025 estimated net asset value.

Continued Sales Process

The Company continues to progress its shareholder-approved managed wind-down, with the disposal programme now well advanced. Following these sales, 22 of the original 27 assets have been sold, generating aggregate gross sales proceeds of €415 million before repayment of associated debt.

A further asset sale agreement has been signed and is expected to complete in January 2026, with the Company holding a 5% cash deposit from the purchaser.

The remaining four assets are currently under offer, subject to detailed due diligence and the anticipated signing of sales agreements. Completions are currently expected before the end of Q1 2026. Further updates will be provided in due course, including details of the next return of capital to shareholders.

Details of the Company and its remaining property portfolio may be found on the Company's website at: http://www.eurologisticsincome.co.uk

For further information please contact:

Aberdeen +44 (0) 20 7156 2382

Ben Heatley

Investec Bank plc +44 (0) 20 7597 4000

David Yovichic

Denis Flanagan

FTI Consulting +44 (0) 20 3727 1000

Dido Laurimore

Richard Gotla

Oliver Parsons

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END