Urban Logistics REIT boosts rental income after failed Abrdn trust bid Investment trusts Real estate investment trust Urban Logistics has seen rents jump significantly across its properties, as the warehouse owner recovers from its failed M&A bid earlier this year.
Bidding war: Urban Logistics pleads for Abrdn Property to accept bid Investment trusts Last week, the Abrdn trust confirmed that it would be recommending to shareholders that they vote in favour of a merger with Custodian, as it had originally planned to before a second offer was made.
Who will win the Abrdn property trust bidding war? Investment trusts The bidding war over the Abrdn Property Income Trust has reached new heights between Custodian Property Income REIT and Urban Logistics REIT.