13th Nov 2009 15:55
To: Company Announcements
Date: 13 November 2009
Company: Standard Life Investments Property Income Trust Limited
Subject: Acquisition
Further to our previous announcement on 30 October 2009.
Standard Life Investments Property Income Trust Limited has completed the purchase of Northern and Shell Tower, Docklands for £10m, and a yield of 8.6%. The office building is let for a further 13 years to Northern and Shell plc at a current rent of £909,000pa.
All Enquiries:
The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL
Tel: 01481 745324
Fax: 01481 745085
Related Shares:
SLI.L