Standard LifeInvProp Sells London Property For GBP8.6M

LONDON (Dow Jones)--Standard Life Investments Property Income Trust Limited (SLI.LN), a closed ended investment trust, announced Monday that it has exchanged contracts for the sale of 2-4 Bucknall St. London for GBP8.6 million. MAIN FACTS: -The sale is due to complete on Sep. 29, 2010. -The sale price reflects a premium of 11% above the March 30 valuation -Shares closed Friday at 60.50 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; zechariah.hemans@dowjones.com (END) Dow Jones Newswires June 14, 2010 02:34 ET (06:34 GMT)