PropertyEU

API to be wound down after merger fails to win 75% shareholder support

By Virna Asara 2024-03-28T00:00:00

abrdn

Abrdn Property Income Trust (API), a £439 mln property fund managed by abrdn, will be wound down after a proposed merger with Custodian Property Income REIT (CREI) failed to win  sufficient support from shareholders.

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