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23 Jul 2015 17:07

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LTD - Purchase

PR Newswire

London, July 23

To: Company AnnouncementsDate: 23 July 2015Company: Standard Life Investments Property Income Trust Limited

Subject: SLIPIT Purchase

Standard Life Investments Property Income Trust is pleased to announce it has completed the purchase of a retail warehouse and car show room in Bradford for £5.1m, a yield of 9.5%. The Halfords unit is located next to the dominant retail warehouse park in Bradford, and is let to Halfords, who in turn sublet part to Maplin. The car show room is let for a further 6 years but the tenant is not in occupation.

Jason Baggaley, Fund Manager of SLIPIT, said “I am delighted with this investment as it offers a very attractive running yield and has plenty of asset management potential as the occupational tenants trade well and the vacant car showroom also has alternative use potential

All enquiries:

The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedPO Box 255Trafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL

Sharon Ann WilliamsTel: 01481 745436Fax: 01481 745086

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10th Oct 2007	4:42 pm	RNS	Net Asset Value(s)
2nd Oct 2007	10:56 am	RNS	Portfolio Update
12th Sep 2007	5:16 pm	RNS	Holding(s) in Company
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31st Aug 2007	5:04 pm	RNS	Portfolio Sale
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9th Jan 2007	12:52 pm	RNS	Net Asset Value(s)
2nd Jan 2007	11:07 am	RNS	Portfolio Update
13th Dec 2006	11:39 am	RNS	Total Voting Rights
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30th Aug 2006	3:18 pm	RNS	Interim Results - Amendment
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4th Jul 2006	10:42 am	RNS	Portfolio Update
3rd Jul 2006	10:50 am	RNS	Holding(s) in Company
21st Jun 2006	3:40 pm	RNS	Holding(s) in Company

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