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26 Jan 2010 07:00

RNS Number : 1002G

Standard Life Invs Property Inc Tst

26 January 2010

To: Company Announcements

Date: 26 January 2010

Company: Standard Life Investments Property Income Trust Limited

Subject: Disposal

Standard Life Investments Property Income Trust is delighted to announce the sale of Capital Court Uxbridge for £19.2m. The sale price is 12.9% ahead of the Dec 30 valuation.

The Trust bought the property in April 2009 for £10.98m, and since that time had regeared several of the leases and let the void accommodation.

Jason Baggaley, Fund Manager of Standard Life Investments Property Income Trust, said "We had anticipated owning this investment as a long term hold, having bought it at the bottom of the cycle however the opportunity arose to crystalise the profit since purchase, ahead of our most recent valuation, and we will reinvest the proceeds into higher yielding stock".

All Enquiries:

Jason Baggaley

Fund Manager

Standard Life Investments

Tel 0131 2452 833

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar Court

Les Banques

St Peter PortGuernsey

GY1 3QL

Tel: 01481 745324

Fax: 01481 745085

This information is provided by RNS

The company news service from the London Stock Exchange

END

DISPGUMPGUPUGRA

Date		Source	Headline
5th Jan 2011	4:00 pm	RNS	Holding(s) in Company
12th Nov 2010	5:11 pm	RNS	Holding(s) in Company
10th Nov 2010	5:40 pm	RNS	Holding(s) in Company
10th Nov 2010	5:35 pm	RNS	Holding(s) in Company
2nd Nov 2010	1:10 pm	RNS	Interim Dividend
18th Oct 2010	11:15 am	RNS	Acquisition
11th Oct 2010	5:19 pm	RNS	Blocklisting Interim Review
11th Oct 2010	10:47 am	RNS	Asset Management Initiatives
1st Oct 2010	11:40 am	RNS	Half Yearly Report
2nd Sep 2010	5:10 pm	RNS	Half Yearly Report
31st Aug 2010	4:10 pm	RNS	Director Declaration
25th Aug 2010	1:10 pm	RNS	Half Yearly Report
5th Aug 2010	3:01 pm	RNS	Dividend Declaration
27th Jul 2010	9:20 am	RNS	Net Asset Value(s)
30th Jun 2010	5:28 pm	RNS	Directorate Change
23rd Jun 2010	3:59 pm	RNS	Director Declaration
14th Jun 2010	7:00 am	RNS	Disposal
1st Jun 2010	4:10 pm	RNS	Result of AGM
19th May 2010	1:49 pm	RNS	Interim Management Statement
6th May 2010	11:25 am	RNS	Dividend Declaration
20th Apr 2010	3:44 pm	RNS	Annual Information Update
20th Apr 2010	10:11 am	RNS	Annual Financial Report
20th Apr 2010	10:11 am	RNS	Net Asset Value(s)
13th Apr 2010	9:42 am	RNS	Acquisition
19th Mar 2010	10:51 am	RNS	Dividend Increase
19th Mar 2010	7:00 am	RNS	Final Results
22nd Feb 2010	9:11 am	RNS	Acquisition
16th Feb 2010	9:38 am	RNS	Disposal
8th Feb 2010	7:00 am	RNS	Acquisition
3rd Feb 2010	2:36 pm	RNS	Dividend Declaration
3rd Feb 2010	2:35 pm	RNS	Dividend Declaration
1st Feb 2010	7:00 am	RNS	Acquisition
26th Jan 2010	7:00 am	RNS	Disposal
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12th Jan 2010	7:00 am	RNS	Net Asset Value(s)
7th Dec 2009	3:56 pm	RNS	Asset Management Update
19th Nov 2009	3:49 pm	RNS	Interim Management Statement
13th Nov 2009	3:55 pm	RNS	Acquisition
13th Nov 2009	3:43 pm	RNS	Issue of Equity
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6th Nov 2009	4:35 pm	RNS	Issue of Equity - amendment
6th Nov 2009	3:46 pm	RNS	Issue of Equity
4th Nov 2009	4:50 pm	RNS	Change of Auditor
4th Nov 2009	4:46 pm	RNS	Dividend Declaration
4th Nov 2009	2:29 pm	RNS	Holding(s) in Company
2nd Nov 2009	3:40 pm	RNS	Issue of Equity
30th Oct 2009	4:13 pm	RNS	Acquisition

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