16th Jul 2007 07:00
ING UK Real Estate Income Trust Ltd16 July 2007 ING UK Real Estate Income Trust Limited 16h July 2007 Sales programme for smaller asset sales continues ING UK Real Estate Income Trust Ltd ("IRET" / "the Company"), a Guernseyregistered closed-ended investment company, has completed on the sale of WrenHouse, Hedgerows Business Park, Chelmsford, Essex for GBP 3.85 millionreflecting a net initial yield of 6.14%. The 1990 office building comprises 13,903 sq ft (1,291.58 sq m) with 58 car parkspaces. The property is let to The First Secretary of State until March 2018 atGBP 250,000 per annum and with a break option March 2013. The sale is the third this year and is in line with the Company's strategy toreduce the number of smaller assets where there is limited active managementpotential. For further information: All EnquiriesING Real Estate Investment Management (UK) LimitedSelina Sasse, 020 7767 5756, [email protected] Stott, 020 7767 5648 [email protected] Financial DynamicsDido Laurimore/Stephanie Highett, 020 7831 3113 The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL Tel: 01481 745439Fax: 01481 745085 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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