Aberdeen Standard Logistics Income Plc will tap into the rapid growth of e-commerce across Europe by investing in European logistic properties such as large ‘big box’ ultra-modern warehouses and local ‘last mile’ distribution centres.

The assets of Aberdeen Standard Logistics will be managed by Aberdeen Asset Managers Limited, part of Aberdeen Standard Investments, which is Europe’s second-largest real estate investor.

Aberdeen Standard Logistics, which raised £187.5 million, is a new investment trust whose shares will be admitted to the Premium Listing Segment of the Official List and to trading on the London Stock Exchange’s Main Market for listed securities. It is anticipated that admission will occur on 15 December 2017.