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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Standard Life Investments Property Income Trust Ld | LSE:SLI | London | Ordinary Share | GB0033875286 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 79.00 | 79.00 | 79.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSLI To: Company Announcements Date: 27 July 2015 Company: Standard Life Investments Property Income Trust Limited Subject: SLIPIT Purchase Standard Life Investments Property Income Trust is pleased to confirm it has completed the purchase of a portfolio of three offices located in York, Milton Keynes, and Dartford for a total of GBP13.25m, reflecting an initial yield of 7.4%. Jason Baggaley, Fund Manager of SLIPIT, said: "This purchase continues our approach of buying quality office properties in strong locations, let to prime tenants. We believe each of the offices has good potential for rental growth over the medium term, whilst providing an attractive income return in the meantime. Following this transaction, the Company has an investment portfolio of 42 properties totalling just over GBP300m. It is also in solicitors hands on three other purchases and two sales. All enquiries: The Company Secretary Northern Trust International Fund Administration Services (Guernsey) Limited PO Box 255 Trafalgar Court Les Banques St Peter Port Guernsey GY1 3QL Sharon Ann Williams Tel: 01481 745436 Fax: 01481 745086 END
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