Investment Trusts

abrdn Property Income Trust Limited

API:LSE

abrdn Property Income Trust Limited

Actions
  • Price (GBX)49.00
  • Today's Change-5.20 / -9.59%
  • Shares traded10.02m
  • 1 Year change-7.37%
  • Beta0.5549
Data delayed at least 15 minutes, as of Mar 28 2024 14:25 BST.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

abrdn Property Income Trust Ltd is an investment company. The Company carries on the business of property investment through a portfolio of freehold and leasehold investment properties located in the United Kingdom. The Company’s investment objective is to provide an attractive level of income together with the prospect of income and capital growth. The Company invests in a diversified portfolio of United Kingdom commercial real estate assets in the industrial, office, retail and other sectors, which includes leisure, data centers, student housing, hotels and healthcare. Its investment in property development and investment in co-investment vehicles, where there is more than one investor, is permitted up to a maximum of 10% of the property portfolio. abrdn Fund Managers Limited is the Company’s investment manager.

  • Revenue in GBP (TTM)-74.54m
  • Net income in GBP-91.50m
  • Incorporated2003
  • Employees0.00
  • Location
    abrdn Property Income Trust LimitedTrafalgar Court, Les BanquesPO Box 255SAINT PETER PORT GY1 3QLGuernseyGGY
  • Phone+44 1 481745001
  • Websitehttps://www.abrdnpit.co.uk/
More ▼

Profile

Management group(s)abrdn Fund Managers Limited
AIC sectorProperty - UK Commercial
ISINGB0033875286
Launch date18 Dec 2003
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Directors intend to achieve the investment objective by investing in a diversified portfolio of UK real estate assets in the industrial, office, retail and ‘other’ sectors, where ‘other’ includes leisure, data centres, student housing, hotels and healthcare.

Managed by

Jason Baggaley, Mark Blyth

Management & contract fees

Under the terms of the IMA, the Investment Manager is entitled to 0.6% p.a of total assets up to GBP 500m; and 0.5% p.a of total assets in excess of GBP 500m.

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
API:LSE since
announced
Transaction
value
Wm Morrison Supermarkets Ltd-SupermarketDeal completed31 Mar 202331 Mar 2023Deal completed-8.75%22.65m
Data delayed at least 15 minutes, as of Mar 28 2024 14:25 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Regional REIT Ltd59.68m-105.55m104.44m0.00--0.2794--1.75-0.2047-0.20470.11570.72480.0631--1.83---11.160.5962-11.900.635991.0690.32-176.869.42--0.3150.5394485.7112.226.44-326.60-----5.05
Capital & Regional plc62.90m-8.60m116.50m248.00--0.4964--1.85-0.0464-0.04640.39361.040.1377--7.27253,629.00-1.88-9.32-2.13-10.2145.3156.82-13.67-98.53--0.59320.5364--10.99-7.44129.94-25.043.13-38.05
Aew UK Reit PLC22.55m-12.49m135.77m0.00--0.8085--6.02-0.0788-0.07880.14231.060.0909--2.22---5.037.13-5.207.2966.1176.36-55.3782.43--0.49970.262681.174.0810.94-124.25----4.36
Phoenix Spree Deutschland Ltd22.95m-65.05m139.12m0.00--0.4433--6.06-0.7084-0.70840.24993.420.0335--40.65---9.593.12-9.813.2033.4234.17-286.7299.23--0.05590.460230.530.55841.85-141.37---29.60--
Foxtons Group PLC147.13m5.49m158.78m1.20k30.221.267.861.080.01740.01740.46720.41690.6162--5.51--2.300.24972.880.2969----3.730.447--7.520.321--4.855.70-42.59--29.24--
Property Franchise Group PLC27.25m7.37m196.33m185.0013.732.6420.857.200.22940.22940.84781.190.4762--6.48147,302.7012.8812.8215.5015.0379.7085.4427.0625.16--21.310.107964.4912.9621.7798.7114.634.8811.63
abrdn Property Income Trust Ltd-74.54m-91.50m206.62m0.00--0.6468-----0.239-0.239-0.19510.838-0.1441-------17.692.68-20.532.75--86.34--51.45---10.020.2987128.31-136.48---159.55-----3.14
Triple Point Social Housing REIT PLC39.84m34.99m234.51m0.006.750.5239--5.890.08830.08830.10041.140.0562--10.25--4.934.334.964.36----87.8385.17----0.369873.916.4928.2340.5111.95---5.60
Newriver Reit PLC69.90m-23.50m240.46m44.00--0.6595--3.44-0.0757-0.07570.22491.180.088--25.421,588,636.00-2.96-4.94-3.09-5.1464.2362.92-33.62-57.52--0.60370.504---2.04-7.44-340.00---30.26-20.43
Helical PLC45.61m-174.84m256.58m28.00--0.5108--5.63-1.42-1.420.37094.070.052415.871.96---20.092.38-20.822.5463.1671.37-383.3356.161.980.08440.31750.99-2.54-21.38-172.57--49.662.23
Home Reit PLC26.20m47.80m300.81m0.00------11.480.12810.12810.07571.110.0419--6.87--7.64--7.73--87.29--182.46------0.2826--------------
Data as of Mar 28 2024. Currency figures normalised to abrdn Property Income Trust Limited's reporting currency: UK Pound GBX

Institutional shareholders

43.50%Per cent of shares held by top holders
HolderShares% Held
Hargreaves Lansdown Asset Management Ltd.as of 31 Mar 202347.27m12.40%
AJ Bell Asset Management Ltd.as of 31 Mar 202323.25m6.10%
Mattioli Woods Plc (Investment Management)as of 13 Mar 202420.91m5.49%
BlackRock Investment Management (UK) Ltd.as of 19 Mar 202419.13m5.02%
Brewin Dolphin Ltd.as of 20 Mar 202415.37m4.03%
Brooks Macdonald Asset Management Ltd.as of 21 Mar 202411.58m3.04%
Legal & General Investment Management Ltd.as of 20 Mar 20248.31m2.18%
M&G Investment Management Ltd.as of 01 Mar 20247.18m1.88%
BlackRock Advisors (UK) Ltd.as of 06 Mar 20246.95m1.82%
Close Asset Management (UK) Ltd.as of 15 Mar 20245.89m1.54%
More ▼
Data from 30 Sep 2023 - 14 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.