API Abrdn Property Income Trust Limited

 
TIDMSLI 
 
To:                Company Announcements 
 
Date:              27 July 2015 
 
Company:           Standard Life Investments Property Income Trust Limited 
 
Subject:           SLIPIT Purchase 
 
Standard Life Investments Property Income Trust is pleased to confirm it has 
completed the purchase of a portfolio of three offices located in York, Milton 
Keynes, and Dartford for a total of GBP13.25m, reflecting an initial yield of 
7.4%. 
 
Jason Baggaley, Fund Manager of SLIPIT, said: "This purchase continues our 
approach of buying quality office properties in strong locations, let to prime 
tenants. We believe each of the offices has good potential for rental growth 
over the medium term, whilst providing an attractive income return in the 
meantime. 
 
Following this transaction, the Company has an investment portfolio of 42 
properties totalling just over GBP300m. It is also in solicitors hands on three 
other purchases and two sales. 
 
All enquiries: 
 
The Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
PO Box 255 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey 
GY1 3QL 
 
Sharon Ann Williams 
Tel:        01481 745436 
Fax:        01481 745086 
 
 
 
END 
 

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