17 Jul 2017 07:00
Standard Life Investments Property Income Trust - PurchaseStandard Life Investments Property Income Trust - Purchase
PR Newswire
London, July 14
To: Company AnnouncementsDate: 17 July 2017Company: Standard Life Investments Property Income Trust Limited
Subject: SLIPIT Purchase
The Board of Standard Life Investments Property Income Trust (SLIPIT) is pleased to confirm the completion of the purchase of a multi let office in Reading for £13.24m, reflecting an initial yield of 6.75%.The building is located close to Reading Train Station, and provides good quality accommodation with opportunity for asset management.All enquiries to:Jason BaggaleyFund ManagerReal Estate InvestmentsStandard 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 3QLSharon Ann WilliamsTel: 01481 745436Fax: 01481 745085