Aegon Property Income fourth distribution due late April

£22m payout

Aegon Property Income and its feeder fund are due to pay investors a fourth pro-rata distribution “on or around” 22 April 2022.

The distribution to shareholders will see a further £22m paid to investors, representing around 12.5% of the value of the funds on 17 March 2022. Since its most recent distribution in February, the fund has sold three assets for £23.1m, with a further five under offer for a total sale of £31m as of 17 March. Janus Henderson fund closure an 'ill omen' for wounded open-ended property sector Further assets are currently in or being prepared for the market, although some are still subject to asset management initiatives and will be sold on completion of these "to optimise value". Th...