Letting of Rainham

To:                          Company Announcements
Date:                     02 March 2018   
Company:           Standard Life Investments Property Income Trust Limited
LEI:                         549300HHFBWZRKC7RW84

Subject:               SLIPIT - Letting of Rainham

Standard Life Investments Property Income Trust has completed the letting of 1 Marsh Way Rainham. The 82,000sqft industrial unit was the Company’s largest void having been empty since last July following a lease expiry. The property has been let on a 15 year lease (with tenant break option in the tenth year) at a starting rent of £636,200pa.

Jason Baggaley, Fund Manager, commented: Marsh Way Rainham was the biggest void in the portfolio, and we are pleased to have completed a new letting so quickly after it became vacant. The property is well located, close to the A13 and 12 miles from central London, and received considerable interest from a range of occupiers.

All enquiries to:
Jason Baggaley
Fund Manager Real Estate
Standard Life Investments
1 George Street, Edinburgh, EH2 2LL
Tel: [phone]
[e-mail]


The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
PO Box 255
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

The Company Secretary
Tel:        [phone]
Fax:        [phone]