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RBS Royal Bank of Scotland Group PLC

3.09
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Royal Bank of Scotland Group PLC NYSE:RBS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 3.09 0 01:00:00

Standard Life Investment Property Sells Office Building in Cheltenham for GBP11.1 Million

17/01/2017 9:52am

Dow Jones News


Royal Bank of Scotland (NYSE:RBS)
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LONDON--Standard Life Investments Property Income Trust (SLI.LN) said Tuesday it has sold an office building called The Quadrangle in Cheltenham for 11.1 million pounds ($13.4 million).

The property is single let to RBS (RBS.LN), whose lease expires in June, 2018, the company said.

The money from the sale will be used to lower the company's debt, Standard Life said.

Shares at 0920 GMT up 0.25 pence, or 0.3%, at 86.50 pence valuing the company at GBP329 million.

 

-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

 

(END) Dow Jones Newswires

January 17, 2017 04:37 ET (09:37 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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