TIDMSLI 
 
RNS Number : 0910K 
Standard Life Invs Property Inc Tst 
13 April 2010 
 

 
To:                   Company Announcements 
Date:                13 April 2010 
Company:         Standard Life Investments Property Income Trust Limited 
 
Subject: Acquisition 
 
 
 
Standard Life Investments Property Income Trust is pleased to announce that it 
has exchanged contracts for the purchase of a retail warehouse in Bury, Greater 
Manchester , with completion due on 14th April 2010. 
 
The 41,280sqft unit is let to B&Q on a lease expiring in June 2022 at a current 
rent of GBP9.50psf and benefits from an open A1 non food planning consent. 
 
The purchase price of GBP5.3m represents a net initial yield of 7%. 
 
Jason Baggaley, Fund Manager, commented; "The purchase provides further 
diversification for the Company with exposure to a first class tenant on a 
property with prospects for rental growth in the future. It continues our policy 
of investing in quality assets where the income will enhance the revenue 
account, and represented a good opportunity to gain exposure to the retail 
warehouse sector." 
 
 
 
All Enquiries: 
 
Jason Baggaley 
Fund Manager 
Standard Life Investments 
Tel 0131 2452 833 
 
 
The Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey 
GY1 3QL 
 
Tel:  01481 745324 
Fax: 01481 745085 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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