Abrdn’s European logistics income fund has raised £38m in its latest share placing.
ASLI’s chair Tony Roper said: “Despite the recent market volatility, we are pleased to welcome a number of new shareholders to the register, in addition to support from our existing shareholders.”
A total of 34,545,455 new ordinary shares will be issued at a price of 110p per new ordinary share.
Roper added that the company has made significant progress since September 2021, raising €192m across two equity issues and acquiring a last-mile logistics portfolio in Madrid for €227m.
He said: “The investment manager’s near-term pipeline remains strong and we look forward to updating investors on these new acquisitions in the coming months.”
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