REG - abrdn Euro Logistics - Sale of French Assets

abrdn European Logistics IncomeAnnouncement

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RNS Number : 4087O  abrdn European Logistics Income plc  12 January 2026

abrdn European Logistics Income plc
LEI: 213800I9IYIKKNRT3G50

Disposal of two French assets for €15.6 million

-22 of the original 27 assets have now been sold as part of the managed
wind-down, generating aggregate gross sales proceeds of €415 million-

12 January 2026 - abrdn European Logistics Income plc (the "Company" or
"ASLI"), which is in the process of winding down its portfolio of European
logistics real estate, announces that it has completed the sale of two further
assets in France as part of its shareholder-approved managed wind-down.

The two warehouses located in Bruges (Bordeaux) and La Crèche (Niort) in
France have been sold to their existing tenant, the logistics group Dachser
France, for an aggregate consideration of approximately €15.6 million. The
assets comprise cross-dock parcel facilities providing a combined lettable
area of over 10,000 square metres and were constructed in 2005 and 2014,
respectively.

The assets were disposed of in line with the values reflected in the Company's
Q3 2025 estimated net asset value.

Continued Sales Process

The Company continues to progress its shareholder-approved managed wind-down,
with the disposal programme now well advanced. Following these sales, 22 of
the original 27 assets have been sold, generating aggregate gross sales
proceeds of €415 million before repayment of associated debt.

A further asset sale agreement has been signed and is expected to complete in
January 2026, with the Company holding a 5% cash deposit from the purchaser.

The remaining four assets are currently under offer, subject to detailed due
diligence and the anticipated signing of sales agreements. Completions are
currently expected before the end of Q1 2026. Further updates will be provided
in due course, including details of the next return of capital to
shareholders.

Details of the Company and its remaining property portfolio may be found on
the Company's website at: http://www.eurologisticsincome.co.uk

For further information please contact:

Aberdeen
                                 +44 (0) 20 7156 2382

Ben
Heatley
 

Investec Bank
plc
                +44 (0) 20 7597 4000

David Yovichic

Denis Flanagan

FTI Consulting
                          +44 (0) 20 3727 1000

Dido Laurimore

Richard Gotla

Oliver Parsons

 

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