Standard Life Investments Property Income Trust Ltd. announced that following David Moore's retirement, Huw Evans was elected as a director. David Moore will be retiring as Chairman and Director of the Company at the 2014 AGM and the Board has agreed that Dick Barfield will succeed David Moore as Chairman. Robert Peto will be appointed as a Director immediately following the AGM on 28 May 2014.

Robert has a wealth of experience in UK commercial real estate and is currently chairman of DTZ Investment Management Limited.