September 25, 2019 / 6:18 AM / 21 days ago

BRIEF-Aberdeen Standard European Logistics Income says NAV total return up by 2.2%

Sept 25 (Reuters) - Aberdeen Standard European Logistics Income PLC:

* NAV TOTAL RETURN INCREASED BY 2.2% TO 108.6 EURO CENTS (97.1P) AS AT 30 JUNE 2019

* FIRST AND SECOND QUARTERLY DISTRIBUTIONS DECLARED IN PERIOD TOTALING 2.82 EURO CENTS

* ADDITIONAL EUR 51.8 MILLION (£46.4 MILLION) EQUITY CAPITAL RAISED IN JULY WILL ENABLE COMPANY TO ACQUIRE TWO BRAND-NEW WAREHOUSES IN NETHERLANDS AND POLAND

* IN FEBRUARY 2019, THE COMPANY COMPLETED THE ACQUISITION OF A FREEHOLD LOGISTICS WAREHOUSE NEAR KRAKOW, POLAND FOR A NET AMOUNT OF €24.5 MILLION

* IN MID-JUNE, THE COMPANY SIGNED AN AGREEMENT TO PURCHASE ITS ELEVENTH WAREHOUSE LOCATED IN ‘S HEERENBERG IN THE NETHERLANDS FOR €24.0 MILLION

* THIS WAREHOUSE PROVIDES AN ATTRACTIVE INCOME PROFILE WITH A FULLY CPI INDEXED LEASE TERM OF OVER 12 YEARS

* FOLLOWING THE ISSUE OF THESE NEW SHARES, THE TOTAL NUMBER OF SHARES IN ISSUE AND THEREFORE THE VOTING RIGHTS IN THE COMPANY IS NOW 234,500,001 SHARES. Source text for Eikon: Further company coverage: (Reporting By Pamela Barbaglia)

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