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IN BRIEF: Schroder European Real Estate refinances EUR14 million loan

22nd Dec 2022 15:10

Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Completes the early refinancing of its EUR14 million loan with VR

Bank Westerwald, which is secured against its Hamburg and Stuttgart office investments. With this new facility, the company's third-party debt totals EUR84.7 million across seven loan facilities.

Current stock price in London: 79.37 pence, up 1.2% on Thursday

12-month change: down 33%

Current stock price in Johannesburg: ZAR18.27, down 0.7%

12-month change: down 22%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2022 Alliance News Ltd. All Rights Reserved.

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