Standard Life Investments Property Income Trust: New research
16/05/2018
Standard Life Investments Property Income Trust (SLI) aims to generate an attractive and sustainable income stream from investments in UK commercial property. Over the last three years it has generated the second highest amount of income of the UK direct property trusts, which has helped push it on to a consistent premium. The trust is yielding 5.2%, the third highest figure in the sector.
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Highlights:
· A high yield relative to peers and a track record of sustained or growing dividends
· A concentrated portfolio, tilted to industrials and the South East, and away from retail
· The manager, with over ten years' experience running the company, is cautious about the outlook for the UK and has reduced gearing as a result
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