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Abrdn European Logistics Income Writes Down Portfolio Value by 4%

Rising Interest Rates Push Out Yields
The company recently completed a 3,939-square-metre lease renewal with Dachser France in the French town of Niort. (Abrdn)
The company recently completed a 3,939-square-metre lease renewal with Dachser France in the French town of Niort. (Abrdn)

Investor Abrdn European Logistics Income wrote down the value of its portfolio by 4% last year due to outward yield movement in the final quarter driven by rising interest rates.

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