Abrdn Property Income Trust Ltd 2023 AR2

The report highlights abrdn Property Income Trust Limited's financial and ESG performance for the year ended December 31, 2023. The company achieved a portfolio total return of 0.7%, outperforming the MSCI Quarterly Property Index benchmark. In its sustainability efforts, the company expanded its solar PV capacity to 3.4 MWp and completed planting on 80% of its Far Ralia natural capital asset. Despite macroeconomic challenges, the company maintained a 99.7% rent collection rate and reduced its vacancy rate to 7.6%. Following the rejection of a recommended merger, the board proposed a transition to a managed wind-down of the company.

Company: Abrdn Property Income Trust Ltd

Sector: Real Estate

Country: Guernsey

Year: 2023

Type: AR2

Pages: 109

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Abrdn Property Income Trust Ltd

Abrdn Property Income Trust Ltd 2023 Annual Report and Financial Statements

Annual Report And Financial Statements

The report highlights abrdn Property Income Trust Limited's financial and ESG performance for the year ended December 31, 2023. The company achieved a portfolio total return of 0.7%, outperforming the MSCI Quarterly Property Index benchmark. In its sustainability efforts, the company expanded its solar PV capacity to 3.4 MWp and completed planting on 80% of its Far Ralia natural capital asset. Despite macroeconomic challenges, the company maintained a 99.7% rent collection rate and reduced its vacancy rate to 7.6%. Following the rejection of a recommended merger, the board proposed a transition to a managed wind-down of the company.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Net Zero Target

Employees