Standard Life Investments Property Income Trust Ltd. (SLI)

Sector:

Real Estate

Index:

FTSE Small Cap

 59.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 99.30p
  • 52 Week Low: 50.00p
  • Currency: UK Pounds
  • Shares Issued: 406.87m
  • Volume: 164,527
  • Market Cap: £242.08m
  • RiskGrade: 280

Standard Life Investments almost halves property vacancy rate

By Josh White

Date: Friday 07 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Standard Life Investments Property Income Trust has completed the letting of its largest vacancy, it announced on Friday - a logistics unit in Swadlincote.
The London-listed firm said the 141,000 square foot unit was let at a rent of £813,000 per annum on a new five-year lease, subject to a lease break after the third year to a third party logistics company.

It said the property became vacant in July, with the previous passing rent standing at £670,000 per annum.

"The company has also completed the sale of its second largest void at Unit 6 Broadgate, Broadway Business Park, Oldham, [as] previously reported, and the letting of the third largest void at Monck Street in London, which was subject to an agreement for lease at the end of September," the board said in its statement.

As at the end September the company's reported void rate was 10.8%, but following the recent transactions that void rate fell to 5.8%.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SLI Market Data

Currency UK Pounds
Share Price 59.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 99.30p
52 Week Low 50.00p
Volume 164,527
Shares Issued 406.87m
Market Cap £242.08m
RiskGrade 280

SLI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.80% above the market average1.80% above the market average1.80% above the market average1.80% above the market average1.80% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
56.3% below the market average56.3% below the market average56.3% below the market average56.3% below the market average56.3% below the market average
53.57% below the sector average53.57% below the sector average53.57% below the sector average53.57% below the sector average53.57% below the sector average
Income
27.92% above the market average27.92% above the market average27.92% above the market average27.92% above the market average27.92% above the market average
30.23% above the sector average30.23% above the sector average30.23% above the sector average30.23% above the sector average30.23% above the sector average
Growth
55.15% below the market average55.15% below the market average55.15% below the market average55.15% below the market average55.15% below the market average
25.93% below the sector average25.93% below the sector average25.93% below the sector average25.93% below the sector average25.93% below the sector average

SLI Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 14-May-20 12-Mar-20
Paid 29-May-20 31-Mar-20
Amount 1.19p 1.19p

Trades for 08-Jul-2020

Time Volume / Share Price
10:40 11,842 @ 58.20p
10:39 847 @ 59.01p
10:26 60,000 @ 59.25p
10:20 25,000 @ 59.02p
10:14 1,681 @ 58.63p

Top of Page