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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.10 | 0.20% | 50.50 | 50.50 | 50.80 | 50.90 | 50.00 | 50.10 | 1,381,172 | 16:23:32 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Agents & Mgrs | 31.11M | -51.05M | -0.1339 | -3.77 | 192.52M |
TIDMSLI To: Company Announcements Date: 28 July 2017 Company: Standard Life Investments Property Income Trust Limited Subject: SLIPIT Purchase Standard Life Investments Property Income Trust has completed the sale of a small industrial unit in Cheltenham to the tenant for GBP2.175m, reflecting a yield of 4.8%. The sale price was 8% ahead of the valuation as at 30 June. Jason Baggaley, Fund Manager, commented: The industrial unit in Cheltenham was the Company's second smallest asset, and had limited opportunity for the manager to add value. It was a very old unit that was of limited demand to other users, and the sale at a profit enables us to concentrate on other assets which better meet the Company's requirements. 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 28, 2017 02:00 ET (06:00 GMT)
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