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Aberdeen Asset Management (“Aberdeen”) is pleased to announce that it has extended the life of its £511 million Airport Industrial Property Unit Trust (“AIPUT” or “the Fund”) to 2036 to future proof its operation and adaptability over the next 21 years.
Launched in 2005, AIPUT invests in and manages prime industrial warehouse assets on or near UK airports to serve the airport related operators and deliver exceptional assets for its institutional investors. It is managed by Aberdeen and has become a leading specialist airport industrial investor, growing from around £260 million to £511 million over the last decade.