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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Abrdn Property Income Trust Limited | LSE:API | 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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.98% | 51.50 | 50.90 | 51.40 | 51.70 | 50.80 | 51.20 | 582,292 | 16:29:58 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Agents & Mgrs | 31.11M | -51.05M | -0.1339 | -3.85 | 196.33M |
TIDMSLI To: Company Announcements Date: 31 March 2017 Company: Standard Life Investments Property Income Trust Limited Subject: SLIPIT Purchase Standard Life Investments Property Income Trust (SLIPIT) has completed the purchase of a multi let industrial scheme in Feeder Road, Bristol for GBP5.27m. The 8 unit scheme is fully let to 7 tenants and provides the opportunity for asset management through lease regears and renewals over the next three years. Jason Baggaley, Fund Manager of SLIPIT commented that "This purchase fits the Fund requirements of buying good quality property in good locations, with short term leases to increase income. We really like Bristol due to the lack of supply of small units and continued tenant demand, and look forward to working this asset to realise the reversionary potential it has." All enquiries to: Jason Baggaley Fund Manager Real Estate Investments Standard Life Investments 1 George Street, Edinburgh, EH2 2LL Tel: +44 (0)131 245 2833 jason_baggaley@standardlife.com 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 745085 END
(END) Dow Jones Newswires
March 31, 2017 05:30 ET (09:30 GMT)
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