Abrdn Property Income Trust Limited (API)

Sector:

Real Estate

Index:

FTSE Small Cap

53.40p
   
  • Change Today:
    -0.20p
  • 52 Week High: 55.60
  • 52 Week Low: 44.15
  • Currency: UK Pounds
  • Shares Issued: 381.22m
  • Volume: 113,341
  • Market Cap: £203.57m
  • RiskGrade: 122

Standard Life Investments almost halves property vacancy rate

By Josh White

Date: Friday 07 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Standard Life Investments Property Income Trust has completed the letting of its largest vacancy, it announced on Friday - a logistics unit in Swadlincote.
The London-listed firm said the 141,000 square foot unit was let at a rent of £813,000 per annum on a new five-year lease, subject to a lease break after the third year to a third party logistics company.

It said the property became vacant in July, with the previous passing rent standing at £670,000 per annum.

"The company has also completed the sale of its second largest void at Unit 6 Broadgate, Broadway Business Park, Oldham, [as] previously reported, and the letting of the third largest void at Monck Street in London, which was subject to an agreement for lease at the end of September," the board said in its statement.

As at the end September the company's reported void rate was 10.8%, but following the recent transactions that void rate fell to 5.8%.

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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 53.40p
Change Today -0.20p
% Change -0.37 %
52 Week High 55.60
52 Week Low 44.15
Volume 113,341
Shares Issued 381.22m
Market Cap £203.57m
RiskGrade 122

API Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.16% above the market average74.16% above the market average74.16% above the market average74.16% above the market average74.16% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
3.60% above the market average3.60% above the market average3.60% above the market average3.60% above the market average3.60% above the market average
Sector averageSector averageSector averageSector averageSector average
Income
12.12% above the market average12.12% above the market average12.12% above the market average12.12% above the market average12.12% above the market average
3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average
Growth
71% below the market average71% below the market average71% below the market average71% below the market average71% below the market average
36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average

API Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 16-May-24 08-Feb-24
Paid 31-May-24 23-Feb-24
Amount 1.00p 1.00p

Trades for 10-Jun-2024

Time Volume / Share Price
10:26 7,460 @ 53.46p
10:18 10,000 @ 53.25p
09:49 1,500 @ 53.40p
09:49 802 @ 53.40p
09:49 447 @ 53.40p

API Key Personnel

Chair James Clifton-Brown

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