Acquisition

RNS Number : 1309P

Standard Life Invs Property Inc Tst

19 March 2009

 

19 March 2009

Standard Life Investments Property Income Trust

Re: Acquisition of Capital Court, Uxbridge.

Standard Life Investments Property Income Trust ('SLIPIT') wishes to announce that it has exchanged contracts for the purchase of an office investment in Uxbridge for £11m, representing a net initial yield of 9.95%. Completion of the purchase is scheduled for 01 April 2009.

Press Enquiries:

Richard England

Standard Life Investments Press Office

Tel: [phone]

All Other Enquiries:

Jason Baggaley

Fund manager, Standard Life Investments

Tel: [phone]

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]

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