Purchase

Standard Life Investments Property Income Trust - Purchase

PR Newswire

London, March 31

To: Company AnnouncementsDate: 31 March 2017Company: Standard Life Investments Property Income Trust Limited

Subject: SLIPIT Purchase

Standard Life Investments Property Income Trust (SLIPIT) has completed the purchase of a multi let industrial scheme in Feeder Road, Bristol for £5.27m. The 8 unit scheme is fully let to 7 tenants and provides the opportunity for asset management through lease regears and renewals over the next three years.

Jason Baggaley, Fund Manager of SLIPIT commented that “This purchase fits the Fund requirements of buying good quality property in good locations, with short term leases to increase income. We really like Bristol due to the lack of supply of small units and continued tenant demand, and look forward to working this asset to realise the reversionary potential it has.”All enquiries to:Jason BaggaleyFund ManagerReal Estate InvestmentsStandard Life Investments1 George Street, Edinburgh, EH2 2LLTel: +44 (0)131 245 2833[email protected]The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedPO Box 255Trafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QLSharon Ann WilliamsTel: 01481 745436Fax: 01481 745085