5 Mar 2018 07:00
Standard Life Investments Property Income Trust - Letting of RainhamStandard Life Investments Property Income Trust - Letting of Rainham
PR Newswire
London, March 2
To: Company AnnouncementsDate: 02 March 2018 Company: Standard Life Investments Property Income Trust LimitedLEI: 549300HHFBWZRKC7RW84
Subject: SLIPIT - Letting of Rainham
Standard Life Investments Property Income Trust has completed the letting of 1 Marsh Way Rainham. The 82,000sqft industrial unit was the Company’s largest void having been empty since last July following a lease expiry. The property has been let on a 15 year lease (with tenant break option in the tenth year) at a starting rent of £636,200pa.
Jason Baggaley, Fund Manager, commented: Marsh Way Rainham was the biggest void in the portfolio, and we are pleased to have completed a new letting so quickly after it became vacant. The property is well located, close to the A13 and 12 miles from central London, and received considerable interest from a range of occupiers.All enquiries to:Jason BaggaleyFund Manager Real EstateStandard Life Investments1 George Street, Edinburgh, EH2 2LLTel: +44 (0)131 245 2833jason_baggaley@standardlife.comThe Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedPO Box 255Trafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QLThe Company SecretaryTel: 01481 745001Fax: 01481 745085