Invesco Property Income Trust Limited HEADLINE: Disposals of Property The Directors are pleased to confirm the completion of two further separate disposals. On 7 March 2014 the Group completed the sale of the multi-let office building Les Bureaux Diapason in Paris for ?16.5 million, in line with the December 2013 valuation. Net sales proceeds amounted to ?12.7m after tax. On 11 March 2014 the Group also completed the sale of the vacant warehouse building at Priory Business Park, Bedford which was separated from the adjacent fully leased office building in 2013. The sale price of £930,000 compares with the independent valuation of £900,000 prevailing at the time terms were agreed. The net proceeds of these transactions have been applied to reduce borrowing. All enquiries Invesco Asset Management Ltd Angus Pottinger 020 7065 3714 Rory Morrison 020 7543 3500
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- INVESCO Property Income Trust Limited : - Disposals of Property