Acquisition

RNS Number : 5145C

Standard Life Invs Property Inc Tst

13 November 2009

 



To:               Company Announcements

Date:            13 November 2009

Company:     Standard Life Investments Property Income Trust Limited

Subject:        Acquisition

Further to our previous announcement on 30 October 2009.

Standard Life Investments Property Income Trust Limited has completed the purchase of Northern and Shell Tower, Docklands for £10m, and a yield of 8.6%. The office building is let for a further 13 years to Northern and Shell plc at a current rent of £909,000pa. 

All Enquiries:

The Company Secretary 

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel: [phone]

Fax: [phone]

 

END

 

 

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