TIDMSLI 
 
To:                      Company Announcements 
Date:                   17 January 2017 
Company:           Standard Life Investments Property Income Trust Limited 
 
Subject:              SLIPIT Sale 
 
Standard Life Investments Property Income Trust has completed the sale of The 
Quadrangle in Cheltenham for GBP11.075m. The 1970s office block extends to 
approximately 58,900sqft and was acquired in Dec 2015 as part of the Pearl 
portfolio for GBP10.05m including costs. The property was single let to RBS with 
a lease expiry in June 2018.  The sale proceeds are being used to reduce 
borrowings under the Revolving Credit Facility. 
 
 
All enquiries: 
The Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
PO Box 255 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey 
GY1 3QL 
 
Sharon Ann Williams 
Tel:        01481 745436 
Fax:        01481 745085 
 
 
 
END 
 

(END) Dow Jones Newswires

January 17, 2017 02:00 ET (07:00 GMT)

Abrdn Property Income (LSE:API)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Abrdn Property Income Charts.
Abrdn Property Income (LSE:API)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Abrdn Property Income Charts.