2nd Jul 2014 08:34
LONDON (Alliance News) - Duet Real Estate Finance Ltd Wednesday said it intends to distribute GBP10.2 million, or 13.63 pence a share, to shareholders after its master fund fully realised loan 13 when the underlying asset, a London office, was sold.
The GBP10.2 million represents Duet Real Estate's share of the realisation.
It said it will give details of the capital return in due course.
Duet Real Estate shares were up 1.7% at 77 pence Wednesday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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