Standard LifeInvProp Completion of portfolio acquisition
December 23 2015 - 8:18AM
UK Regulatory
TIDMSLI
To: RNS
From: Standard Life Investments Property Income Trust Limited
Date: 23 December 2015
STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED (the "Company")
Completion of portfolio acquisition
The Board is pleased to announce that the Company has completed the purchase of
the portfolio of 22 UK real estate assets. The Board believes that this
purchase will diversify further the Company's existing property portfolio with
properties which are complementary to the existing assets and will strengthen
the Company's dividend cover.
Jason Baggaley, Fund Manager of the Company commented as follows:
"I am delighted with this acquisition as the portfolio has plenty of asset
management potential."
For further information please contact:
Jason Baggaley Standard Life Investments
Tel: 0131 245 2833
END
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