Standard LifeInvProp Letting of Largest Vacancy

 
TIDMSLI 
 
To:                     Company Announcements 
 
Date:                  7 December 2018 
 
Company:           Standard Life Investments Property Income Trust Limited 
 
LEI:                    549300HHFBWZRKC7RW84 
 
Subject:              Letting of Largest Vacancy 
 
Standard Life Investments Property Income Trust (SLIPIT) has completed the 
letting of its largest vacancy, a logistics unit Swadlingcote. The 141,000sqft 
unit has been let at a rent of GBP813,000pa on a new five year lease subject to a 
lease break after the third year to a 3rd party logistics company. The property 
only became vacant in July 2018 and the previous passing rent was GBP670,000pa. 
 
The Company has also completed the sale of its second largest void at Unit 6 
Broadgate, Broadway Business Park, Oldham (previously reported) and the letting 
of the third largest void at Monck Street in London, which was subject to an 
agreement for lease at the end of September. 
 
As at the end September the reported void rate was 10.8% and following these 
transactions this void rate falls to 5.8%. 
 
 
All Enquiries: 
 
Aberdeen Standard Investments 
1 George Street 
Edinburgh 
EH2 2LL 
 
Jason Baggaley - Fund 
Manager 
Tel: [phone] 
 
E-mail: [e-mail] 
 
Oli Lord - Deputy Fund Manager 
Tel: [phone] 
E-mail: [e-mail] 
 
The Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
PO Box 255 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey 
GY1 3QL 
 
Tel:        [phone] 
Fax:        [phone] 
 
 
 
 
END 
 

(END) Dow Jones Newswires

December 07, 2018 02:00 ET (07:00 GMT)