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Acquisition

1 Feb 2010 07:00

RNS Number : 3950G

Standard Life Invs Property Inc Tst

01 February 2010

To: Company Announcements

Date: 1 February 2010

Company: Standard Life Investments Property Income Trust Limited

Subject: Acquisition

Standard Life Investments Property Income Trust is pleased to confirm it has completed on the purchase of a retail warehouse unit let to Focus for a further 24 years.

The purchase price of £5.04m reflects a net initial yield of 8%, and the property generates an annual rent of £426,300pa.

All Enquiries:

Jason Baggaley

Fund Manager

Standard Life Investments

Tel 0131 2452 833

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel: 01481 745324

Fax: 01481 745085

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQUKVNRRKAAUAR

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7th Feb 2008	4:04 pm	RNS	Dividend Declaration
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19th Dec 2007	5:08 pm	RNS	Property Valuation
3rd Dec 2007	5:24 pm	RNS	Director/PDMR Shareholding
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