Standard Life Investments Property Income Trust Limited is an investment company. The Company carries on the business of property investment through a portfolio of freehold and leasehold investment properties located in the United Kingdom. Its investment objective is to provide an attractive level of income, along with the prospect of income and capital growth, by investing in a diversified United Kingdom commercial property portfolio. It invests in approximately three principal commercial property sectors, including office, retail (including leisure) and industrial. It may also invest approximately 10% in other commercial property and undertake property development (including speculative property development) approximately 10% of gross assets. Standard Life Investments (Corporate Funds) Limited is the investment manager of the Company.