Real Estate Credit Investments makes commitments of £105.7m in December

Mon, 20th Jan 2020

Real Estate Credit Investments said it had made commitments of £105.7m during December across four deals. They included a £38m loan to a portfolio of 17 properties, located across the UK and a €4m loan to fund the acquisition of a plot of land in Bologna, Italy. The other two commitments included €16.7m for the development of an office building in Bagnolet, in the suburbs of Paris, and a €54.7m senior loan to support the acquisition and refurbishment of a residential and retail building, also in Paris. At 9:10am: (LON:RECI) Real Estate Credit Investments Ltd share price was -1p at 172.5p Story provided by StockMarketWire.com

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