Regional investor confident market has bottomed out as rents nudge upwards
The REIT said its portfolio ERV of £49.4m, exceeded passing rent by 13%.
Takeover gains circa 98% majority vote from Custodian shareholders
New proposal would see Urban Logistics return cash to API shareholders through disposals
New terms agreed with investment manager Custodian Capital
REIT believes target will be wound down if deal is pulled
With meetings delayed, Abrdn’s original suitor is trying to keep recommended deal on track
Target delays meetings after rival bidder emerges