STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LTD - Completion of portfolio acquisition
December 23 2015 - 8:18AM
PR Newswire (US)
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
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