24th Dec 2025 12:06
Regional REIT Ltd - London-based real estate investment trust focused on commercial property outside the M25 motorway - Agrees a three-year extension of its debt facility that was scheduled to mature in August next year. The outstanding balance on the debt facility has been reduced to GBP72.4 million from the original GBP128.0 million, as Regional REIT has focused on paying down debt. The debt facility is with Royal Bank of Scotland, Bank of Scotland and Santander UK. Regional REIT can request two one-year extensions. It says its average debt term is now 2.6 years. There is no immediate change to its average cost of debt, but this is set to increase to 4.1% from 3.4% once an existing hedge expires.
Current stock price: 102.54 pence, up 2.5% in London on Wednesday
12-month change: down 14%
By Tom Waite, Alliance News editor
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