Standard Life Investment... Share Discussion Threads

[speedsgh] 09/8/2021 21:04

Link here to recent QuotedData webinar by Mark Blyth, Deputy Fund Manager of SLI...

[nickrl] 04/8/2021 23:08

Recent sales has knocked a mil off income so need to reinvest proceeds before divi can be increased again.

[hindsight] 04/8/2021 18:35

Agree panshanger1, these averaged around par pre covid

[panshanger1] 04/8/2021 18:08

YesDecent management Happy to hold discount should narrow from here over time

[dr biotech] 04/8/2021 13:50

Decent performance - NAV and rent collection both looking solid

[brwo349] 25/7/2021 16:46

brief mention in todays Mail on Sunday -


Williams at QuotedData likes Standard Life Investments Property Income Trust, saying it has 'always been on the front foot' when it comes to the hybrid working trend.

He says: 'The trust has been selling off assets that it believes are not fit for the future and focusing on those that have strong sustainability credentials and will appeal to tenants in the new world of working.

'For example, it has focused on office refurbishments that provide more amenities such as bike storage and shower facilities.'

[speedsgh] 29/6/2021 11:56

SLI real estate fund mangager, Jason Baggaley, is speaking at QuotedData’s Property Webinar Series on Weds 28 July at 9.30am...

[spooky] 24/6/2021 07:32

FWIW that was my take too.

[spectoacc] 24/6/2021 07:26

Hope you're right, but then why specifically mention aluminium, and:

"..We have also applied a greater ESG overlay across the fund,
as we expect a greater differential in pricing over units that perform well in
terms of ESG and those that do not."

Certainly prefer your take.

[dr biotech] 24/6/2021 06:56

I just read this as they sold a property that couldn’t easily be converted into a logistics hub. Wrong shape plus years of industrial dirt. Can overthink things sometimes.

[spectoacc] 23/6/2021 15:17

Yes fair point, a lot of CapEx going to be needed on some of the tired stuff out there. But this (unless I misread it) smacks of SLI trying to get their carbon footprint down by selling out of an asset let to an aluminium co. And presumably they wouldn't let to a co they deem polluting either.

[mushypeas] 23/6/2021 10:39

Investors who get stuck with out of date buildings are in for a bumpy ride. Just read the RLE thread.

[spectoacc] 23/6/2021 07:28

SLI going further than that tho - have they sold because the tenant's involved in aluminium? Ridiculous if so.

[skyship] 23/6/2021 07:26

ESG just wokish guff - but still, every Board now has to comply, at least superficially. As Melanie Phillips so aptly says (as always!): "coerced cultural conformity".

[spectoacc] 23/6/2021 07:19

Much more interested in the "several under offer" - wonder what the pricing/valuation will be like. Not a fan of the ESG angle.


"Sale of asset

Standard Life Investments Property Income Trust (SLIPIT) has completed the sale of an industrial asset in Kettering for £9.05m (in line with the prior valuation). The asset extended to 216,753sqft of dated industrial accommodation that was utilised for manufacturing and aluminium moulding.

Jason Baggaley, Fund Manager of SLIPIT commented : In our recent review of the portfolio we decided to place a greater differential between industrial assets that were suitable for logistics, and those that were not, as we continue to seek to own assets that appeal not only to the current tenant, but to other occupiers as well. We have also applied a greater ESG overlay across the fund, as we expect a greater differential in pricing over units that perform well in terms of ESG and those that do not. We are looking to reinvest the proceeds of recent sales into high quality assets, and have several under offer."

[panshanger1] 08/6/2021 16:50

Decent volume and holding Good sign I would have thought

[panshanger1] 07/6/2021 16:34

Had a run up here before Interesting to see if it holds this time

[essentialinvestor] 07/6/2021 16:31

Sold a few, lovely day again.

[cwa1] 07/6/2021 16:21

Bit more like it today

[hindsight] 05/6/2021 11:16

Maybe of interest at 9.30 to 10.30 for the office debate

[spectoacc] 05/6/2021 07:50

I think it'll get more interesting when we get a sustained rise in NAVs too. And has to be some effect from the partial demise of property Unit Trusts, with their extended lock-ins.

[hindsight] 04/6/2021 19:10

SpectoAcc, added line in spreadsheet for 31/12/2019 discount vs now, on the ones I follow, this was one of the larger numbers over 20% before todays move. However as you say its then a question of comparing apples with apples on asset sector weightings

[essentialinvestor] 04/6/2021 18:54

Nice week.

[cwa1] 04/6/2021 17:14

Yes, a nice close in the auction-and not just on one freak share traded either :-) Solid volume over the day as well, satisfying to see.