Aberdeen Standard Investments raises £187.5m for logistics trust but falls short of £250m target

First day of trading on 15 December

Jayna Rana
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The trust will invest in logistic properties such as distribution centres
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The trust will invest in logistic properties such as distribution centres

Aberdeen Standard Investments has raised £187.5m in the initial public offering (IPO) for its European Logistics Income trust, but failed to reach its £250m target.

The company was admitted to the premium segment of the Official List of the UKLA and has the ability to do dealings on the London Stock Exchange. Its first day of trading will be 15 December. The trust,...

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