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

First day of trading on 15 December

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

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,...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Investment Trusts

Thomas Coughlin of Kinesis Money

Fool me twice: The lessons we are yet to learn in the 100 years since Weimar hyperinflation

Need to recognise inherent flaws in current system

Thomas Coughlin
clock 22 October 2021 • 3 min read
TPI “hopes this will put an end to AVI’s continued attempts to commandeer the apparatus of the company in pursuit of its own agenda, at the expense of all shareholders”.

Third Point Investors rejects 'disappointing' second call for EGM

Accuses AVI of attention-seeking

James Baxter-Derrington
clock 22 October 2021 • 2 min read
Gordon Grender steps down after 23 years

Brown Advisory names Stephen White as chair

Gordon Grender steps down after 23 years

clock 22 October 2021 • 1 min read