IN BRIEF: Supermarket Income REIT gets GBP215 million loan for venture
Supermarket Income REIT PLC - London-based real estate investment trust for property leased to grocery retailers - Secures a new GBP215 million, or around ZAR5.23 billion, term loan for its joint venture with funds managed by Blue Owl Capital. Says the interest-only facility has a maturity of three years, with two further one-year extension options at the lenders' discretion. The loan is priced at a margin of 1.5% above Sonia. Read More