Disposal

ING UK Real Estate Income Trust Ltd 20 September 2007 ING UK Real Estate Income Trust Limited ('IRET') 20 September 2007 ING UK Real Estate Income Trust continues successful sales programme of smaller assets ING UK Real Estate Income Trust Ltd ('IRET' / 'the Company'), a Guernsey registered closed-ended investment company, has completed on the sale of Riverside Business Centre, North Esplanade West, Aberdeen for GBP 2.54 million reflecting a net initial yield of 6.57%. The multi-let property comprises a two storey office pavilion and two blocks of industrial units totalling 16,350 sq ft (1,519 sq m). It is let to 16 tenants all of which are on leases of three years, producing an income of GBP 166,820 per annum. IRET acquired the property for GBP 1.7 million in 2005 and has been sold following a programme of asset management to re-gear all the occupational leases. Commenting, Michael Morris, Fund Manager, said: 'The sale of Aberdeen represents our fourth disposal this year and is consistent with our strategy to reduce the number of smaller assets within the fund where we have completed our programme of active asset management.' For further information: 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 745439 Fax: 01481 745085 ING Real Estate Investment Management (UK) Limited Selina Sasse, 020 7767 5756, selina.sasse@ingrealestate.co.uk Helen Stott, 020 7767 5648 helen.stott@ingrealestate.co.uk Financial Dynamics Dido Laurimore/Stephanie Highett, 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange
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