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API Abrdn Property Income Trust Limited

50.40
-1.70 (-3.26%)
30 Apr 2024 - Closed
Delayed by 15 minutes
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
  -1.70 -3.26% 50.40 50.40 50.60 52.40 50.30 52.40 949,946 16:29:42
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 31.11M -51.05M -0.1339 -3.76 192.13M

Standard LifeInvProp Purchase

19/07/2017 8:49am

UK Regulatory


 
TIDMSLI 
 
To:                   Company Announcements 
 
Date:                18 July 2017 
 
Company:           Standard Life Investments Property Income Trust Limited 
 
Subject:           SLIPIT Purchase 
 
Standard Life Investments Property Income Trust is delighted to have completed 
the purchase of a multi let office in Central Manchester for GBP8.1m, reflecting 
an initial yield of 6.4%. 
 
Jason Baggaley, fund manager, commented "We acquired this multi let office in 
an off market transaction. The old converted warehouse provides great office 
accommodation let off low rents with prospects for strong rental growth in the 
future in one of the key office markets in the UK. 
 
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

July 19, 2017 03:49 ET (07:49 GMT)

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