Source - RNS
RNS Number : 8813I
Standard Life Invs Property Inc Tst
02 September 2016


London, UK, 2 September 2016

Edison issues research review on Standard Life Inv. Property Income Trust (SLI)


Standard Life Investments Property Income Trust (SLI) is an actively managed fund aiming to generate an attractive level of income, with the prospect of income and capital growth via direct investment in commercial property. Since mid-2014, the trust has grown significantly via acquisition; the most recent was a portfolio of 22 complementary property assets in December 2015. NAV total return has been ahead of the benchmark over one, three and five years. Following the EU referendum, similar to peers, SLI's shares have moved from a premium to a discount to NAV, while its prospective yield of 5.9% ranks among the highest in the peer group.


For most of the last five years, SLI's share price has traded at a premium to NAV. Following the UK's EU referendum the shares moved to a discount, which widened to 16.6% in early July 2016 before narrowing to its current level of 1.6%. SLI's dividend is fully covered and its dividend yield is one the highest in the AIC Property Direct - UK peer group. The board has proposed a 2.5% increase in the FY16 dividend to 4.76p, which implies a prospective yield of 5.9%. 

Click here to view the full report


All reports published by Edison are available to download free of charge from its website:


About Edison: Edison is an international equity research firm with a team of over 110 analysts, investment and roadshow professionals and works with both large and smaller capitalised companies, blue chip institutional investors, wealth managers, private equity and corporate finance houses to support their capital markets activity. Edison provides services to more than 420 retained corporate and investor clients from offices in London, New York, Frankfurt, Sydney and Wellington. Edison is authorised and regulated by the Financial Conduct Authority.


Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

Contact details: Learn more at and connect with Edison on: 






This information is provided by RNS
The company news service from the London Stock Exchange

Related Charts