LONDON: abrdn European Logistics Income plc said Monday it has sold two French warehouses for €15.6 million as part of its ongoing managed wind-down. The properties, located in Bruges near Bordeaux and La Crèche near Niort, were acquired by their tenant, Dachser France. Together, the cross-dock parcel facilities provide more than 10,000 square meters of…
LONDON: Riverstone Energy Limited (REL), a publicly traded energy investment company, announced Monday that it has reached an agreement in principle with its investment manager, RIGL Holdings LP, to initiate a managed wind-down of its remaining investment portfolio. The proposed wind-down, which requires shareholder approval, would involve the orderly liquidation of REL’s assets and the…
LONDON, UK: Following a review of the company’s strategy and future prospects, the Board of NB Global Monthly Income Fund Limited has proposed for approval by shareholders to place the company into a managed wind-down and return of capital to shareholders. Capital distributions will always be made at the Board’s discretion. As previously announced in…