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IN BRIEF: Picton acquires Madleaze Trading Estate for GBP13 million

1st Oct 2021 11:18

Picton Property Income Ltd - commercial property investor - Buys Madleaze Trading Estate in Gloucester, England for GBP13.1 million. Says it has funded the acquisition using its revolving credit facility, and its proforma loan-to-value will increase to 22% post acquisition.

Current stock price: 94.62 pence

Year-to-date change: up 26%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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