Standard LifeInvProp Sells London Property For GBP8.6 Million
June 14 2010 - 3:04AM
Dow Jones News
Standard Life Investments Property Income Trust Limited
(SLI.LN), a closed ended investment trust, announced Monday that it
has exchanged contracts for the sale of 2-4 Bucknall St. London for
GBP8.6 million.
MAIN FACTS:
-The sale is due to complete on Sep. 29, 2010.
-The sale price reflects a premium of 11% above the March 30
valuation
-Shares closed Friday at 60.50 pence.
-By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411;
zechariah.hemans@dowjones.com
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