UPDATE: After an abandoned merger with Custodian Property Income, shareholders in Aberdeen Property Income voted for a wind-down. Most of its assets were sold to GoldenTree Asset Management, but one remains. After the final asset is sold, the trust plans to delist.

abrdn Property Income (ticker: API) was listed in 2003, making it one of the oldest property trusts on the London market, and it has been run by Jason Baggaley since 2006. It holds a diversified UK real estate portfolio consisting of 45 properties valued at around £400m. Just over half the portfolio consists of industrial propertie...