IPI Invesco Pty

                     Invesco Property Income Trust Limited

HEADLINE: Property Valuation

The Directors announce the valuation of the Company's property portfolio as at
30 June 2013.

  * UK portfolio: £71.97 million (31 March 2013: £71.94 million)

  * European portfolio: €131.46 million (31 March 2013: €132.26 million)

The UK values were stable and European values fell by 0.6%. The total valuation
was £184.45 million (31 March 2013: £183.43 million).

Set out below is an analysis of the portfolio's vacancy rates, average gross
yields and weighted unexpired lease terms at 30 June 2013 (31 March 2013).

                               Portfolio at 30 June 2013 (31 March 2013)

                                UK              European          Aggregate

Vacancy rate              10.1% (11.0%)      18.9% (19.7%)      14.5% (15.4%)

Average gross yield        9.3% (9.4%)        8.6% (8.5%)        8.9% (8.8%)

Weighted average        4.0 yrs (4.2 yrs)  2.2 yrs (2.3 yrs)  2.9 yrs (3.1 yrs)
unexpired lease term1

Notes:

1 To earlier of next break or lease maturity.

As at 30 June 2013 the Sterling value of the Company's bank borrowings was £
193.66 million (31 March 2013: £191.90 million). The change reflects currency
movements only.

The loan to value ratio was 105.0 per cent. (31 March 2013: 104.6 per cent.),
which is below the maximum of 110 per cent. permitted under the Company's bank
facility.

The Company's interest cover stands at 160.5 per cent. (31 March 2013: 149.2
per cent.) compared with the covenanted minimum of 145 per cent. The ICR is
calculated on a look forward basis and the rise reflects some of the leasing
success in the last quarters.

The Net Asset Value and the Adjusted Net Asset Value per share as at 31 March
2013, and subsequently as at 30 June 2013, will be announced in due course.

9 July 2013

Enquiries:

Angus Pottinger 020 7065 4000

Invesco Asset Management

Rory Morrison 020 7543 3500

Invesco Real Estate