Abrdn Property Income Trust Limited (API)

Sector:

Real Estate

Index:

FTSE Fledgling

5.70p
   
  • Change Today:
      0.040p
  • 52 Week High: 61.60p
  • 52 Week Low: 5.03p
  • Currency: UK Pounds
  • Shares Issued: 381.22m
  • Volume: 390,510
  • Market Cap: £21.73m
  • RiskGrade: 122

Standard Life Investment offloads two warehouse units to DSG

By Iain Gilbert

Date: Tuesday 19 Dec 2017

LONDON (ShareCast) - (ShareCast News) - Guernsey-based Standard Life Investment Property Income Trust (SLIPIT) completed the sale of two of its retail warehouse units on Tuesday for a total of £16.35m.
The sale of the units to DSG in Preston came in at 5.4% ahead of the properties' most recent valuation in September, with the proceeds of the sale set to be reinvested into the office and industrial sector.

Jason Baggaley, fund manager of SLIPIT, said, "The sale proceeds from this over rented asset will be reinvested into assets that we believe will offer greater growth prospects for the company."

"We are in exclusive negotiation to purchase several assets that we believe will offer better risk adjusted returns over the next few years as the retail sector experiences continued headwinds," he added.

As of 1010 GMT, shares had slipped 0.26% to 90.26p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

API Market Data

Currency UK Pounds
Share Price 5.70p
Change Today 0.040p
% Change 0.71 %
52 Week High 61.60p
52 Week Low 5.03p
Volume 390,510
Shares Issued 381.22m
Market Cap £21.73m
RiskGrade 122

API Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.77% above the market average11.77% above the market average11.77% above the market average11.77% above the market average11.77% above the market average
15.15% above the sector average15.15% above the sector average15.15% above the sector average15.15% above the sector average15.15% above the sector average
Price Trend
88.47% below the market average88.47% below the market average88.47% below the market average88.47% below the market average88.47% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income
9.78% above the market average9.78% above the market average9.78% above the market average9.78% above the market average9.78% above the market average
4% below the sector average4% below the sector average4% below the sector average4% below the sector average4% below the sector average
Growth
58.8% below the market average58.8% below the market average58.8% below the market average58.8% below the market average58.8% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average

API Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 19-Dec-24 14-Nov-24
Paid 10-Jan-25 29-Nov-24
Amount 3.00p 1.00p

Trades for 14-Oct-2025

Time Volume / Share Price
16:35 775 @ 5.70p
16:35 75 @ 5.70p
16:35 574 @ 5.70p
16:35 81 @ 5.70p
16:35 5 @ 5.70p

API Key Personnel

Chair Mike Balfour

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