TIDMSLI 
 
To:                Company Announcements 
Date:              28 July 2017 
Company:           Standard Life Investments Property Income Trust Limited 
Subject:           SLIPIT Purchase 
 
Standard Life Investments Property Income Trust has completed the sale of a 
small industrial unit in Cheltenham to the tenant for GBP2.175m, reflecting a 
yield of 4.8%. The sale price was 8% ahead of the valuation as at 30 June. 
 
Jason Baggaley, Fund Manager, commented:  The industrial unit in Cheltenham was 
the Company's second smallest asset, and had limited opportunity for the 
manager to add value. It was a very old unit that was of limited demand to 
other users, and the sale at a profit enables us to concentrate on other assets 
which better meet the Company's requirements. 
 
All enquiries to: 
 
Jason Baggaley 
Fund Manager 
Real Estate Investments 
Standard Life Investments 
1 George Street, Edinburgh, EH2 2LL 
Tel: +44 (0)131 245 2833 
jason_baggaley@standardlife.com 
 
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 745085 
 
 
 
END

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