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Proposed sale: anticipated to complete Nov 2024
On 27 September 2024, abrdn Property Income Trust Limited ("API" or the "Company") announced that it has entered into an agreement with certain funds and accounts managed by GoldenTree Asset Management LP for the sale of the entire share capital of abrdn Property Holdings Limited, a wholly-owned subsidiary of API. The Transaction comprises the sale of 39 assets, being the Company’s entire investment property portfolio, with the exception of its interest in the land at Far Ralia.