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Abrdn European Logistics Income Rejects DL Invest's Call to Halt Wind-down

MT Newswires·12/17/2025 04:13:48
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04:13 AM EST, 12/17/2025 (MT Newswires) -- Abrdn European Logistics Income (ASLI.L) rejected a request from its largest shareholder, DL Invest, to immediately suspend its ongoing wind-down, stating that the process is progressing well and remains in the best interests of shareholders. DL Invest had requested the logistics real estate investor to convene a general meeting to consider a change in its investment policy, according to a Wednesday release. However, Abrdn noted that any such changes would result in additional costs for all shareholders and divert management attention at a stage when the company is close to completing its managed Wind-down. So far, the company has sold 20 of the original 27 portfolio assets, raising 400 million euros before repayment of associated debt. Contracts have been exchanged for three of the remaining assets, while four are at an advanced stage of due diligence The board expects to complete the remaining disposals by the first quarter of 2026 and return capital to shareholders shortly thereafter.