1st Feb 2010 07:00
RNS Number : 3950G
Standard Life Invs Property Inc Tst
01 February 2010
To: Company Announcements
Date: 1 February 2010
Company: Standard Life Investments Property Income Trust Limited
Subject: Acquisition
Standard Life Investments Property Income Trust is pleased to confirm it has completed on the purchase of a retail warehouse unit let to Focus for a further 24 years.
The purchase price of £5.04m reflects a net initial yield of 8%, and the property generates an annual rent of £426,300pa.
All Enquiries:
Jason Baggaley
Fund Manager
Standard Life Investments
Tel 0131 2452 833
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
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
SLI.L