TIDMSLI 
 
RNS Number : 1720U 
Standard Life Invs Property Inc Tst 
11 October 2010 
 

 
 
 
RNS Announcement for SLIPIT 
 
 
The Company has completed several asset management initiatives to enhance the 
quality of its income stream. 
 
The Company has sold a vacant industrial unit in Skelmersdale to an owner 
occupier for GBP2.84m (30 June valuation GBP2.64m). The Company received a 2.5 
year rent premium from the previous tenant in July 2009. 
 
A retail warehouse unit in Hull has been let to Dreams on a new 15 year lease at 
GBP265,000 pa, and a logistics unit in Bardon Leicestershire has been let to the 
VT Group at GBP155,000pa. (having been vacated on lease expiry in June 2010 by 
the previous tenant). 
 
As a result of these transaction the Company's void level has reduced to 3.6% 
from 8% at 30 June 2010, which compares favourably to the IPD monthly index 
level of 9.2% at end June. 
 
Jason Baggaley, Fund Manager of SLIPIT said "We have concentrated on actively 
managing the portfolio to reduce the voids in the fund and secure future income 
flows. These transactions have secured good quality income for the Company, as 
well as reducing outgoings on vacant units. Although the letting market is 
tough, we are progressing several more transactions and hope to reduce the voids 
further in the near future". 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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