Abrdn European Logistics Income plc, which is in the process of winding down its portfolio of European logistics real estate, announced that it has completed the sale of two further assets in France as part of its shareholder-approved managed wind-down.

The two warehouses located in Bruges (Bordeaux) and La Crèche (Niort) in France have been sold to their existing tenant, the logistics group Dachser France, for a total of €15.6 million.

The fund said: “The Company continues to progress its shareholder-approved managed wind-down, with the disposal programme now well advanced.

“Following these sales, 22 of the original 27 assets have been sold, generating aggregate gross sales proceeds of €415 million before repayment of associated debt.

“A further asset sale agreement has been signed and is expected to complete in January 2026, with the Company holding a 5% cash deposit from the purchaser.

“The remaining four assets are currently under offer, subject to detailed due diligence and the anticipated signing of sales agreements.

“Completions are currently expected before the end of Q1 2026. Further updates will be provided in due course, including details of the next return of capital to shareholders.”