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IN BRIEF: Standard Life Investments sells industrial asset in England

23rd Jun 2021 20:23

Standard Life Investments Property Income Trust Ltd - investment firm - Completes the sale of an industrial asset in Kettering for GBP9.1 million. The asset extended to 216,753 square feet of dated industrial accommodation that was utilised for manufacturing and aluminium moulding.

"We are looking to reinvest the proceeds of recent sales into high quality assets, and have several under offer," says Fund Manager Jason Baggaley.

Current stock price: 72.00 pence

Year-to-date change: up 20%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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