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10 Sep 2010 11:00
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To: RNS
From: IRP Property Investments Limited
Date: 10 September 2010
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IRP Property Investments Limited
Disposal of 88-90 The Parade, Leamington Spa
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On 3 September 2010, IRP Property Investments Limited ("IRP") disposed of a retail property in Leamington Spa for Β£3.625 million, at an initial yield of 4.9 per cent.
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The property was acquired by IRP on 1 June 2004 for a cost of Β£2.89 million and its valuation as at 30 June 2010 was Β£3.39 million.
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All Enquiries:
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The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL
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Tel: 01481 745001
Fax: 01481 745051
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Ian McBryde
Scott Macrae
F&C Investment Business Ltd
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Tel: 0207 628 8000
Fax: 0131 225 2375
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