Confirmation of €23.5m warehouse sale in Ede

Summary by AI BETAClose X

abrdn European Logistics Income plc has completed the sale of its warehouse in Ede, Netherlands, for €23.5 million as part of its managed wind-down. The 39,569 square metre property, leased to AS Watson until July 2033, was sold at a 2.9% discount to its December 2025 valuation. The company will undertake climate-related remedial works costing no more than €0.5 million, with an equivalent sum held in escrow pending completion.

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