Custodian Property Income REIT plc: Update on recommended all-share merger with abrdn Property Income Trust Limited
The CREI Board notes the API portfolio weighting to industrials is only 48% (as a % of API's portfolio by income as at 31 December 2023)8.
- The CREI Board notes the API portfolio weighting to industrials is only 48% (as a % of API's portfolio by income as at 31 December 2023)8.
- The ULR specialist investment strategy for the combined group therefore would reflect a material divergence from the current API strategy.
- The two principal drivers of earnings per share in a property investment company are rental income and cost of debt.
- Data for the twelve months to 18 January 2024 (being the latest practicable date prior to the Recommended Merger Announcement).