By Abigail Townsend
Date: Friday 27 Sep 2024
(Sharecast News) - Abrdn Property Income Trust is to sell the vast majority of its portfolio to Travelodge's US owner GoldenTree Asset Management, it was confirmed on Friday.
The asset manager has agreed to buy the London-listed trust's wholly-owned subsidiary, Abrdn Property Holdings, in a £351m deal.
Under the terms,...
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