Standard LifeInvProp SLIPIT Sale

TIDMSLI 

To:                     Company Announcements 

Date:                  9 April 2018 

Company:           Standard Life Investments Property Income Trust Limited 

LEI:                    549300HHFBWZRKC7RW84 

Subject:              SLIPIT Sale - Charter Court, Slough 

Standard Life Investments Property Income Trust (SLIPIT) has completed the sale 
of a multi let office in Slough for GBP13.25m, 9.6% ahead of the end December 
valuation. The sale proceeds will be reinvested when suitable opportunities are 
identified. 

Jason Baggaley, fund manager of SLIPIT commented: We decided to sell this asset 
to realise a profit, but also to reduce future risk. The property had one floor 
vacant, and the other leases expire in 2020 and 2021 when a comprehensive 
refurbishment will be required. The sale avoids the need for large scale capex 
and loss of income during the refurbishment. 

All enquiries to: 

Jason Baggaley 
Fund Manager 
Real Estate Investments 
Standard Life Investments 
1 George Street, Edinburgh, EH2 2LL 
Tel: +44 (0)131 245 2833 
jason_baggaley@standardlife.com 

The Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
PO Box 255 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey 
GY1 3QL 

Mike Nokes 
Tel:        07883 078002 
Fax:        01481 745085 

END

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