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Schroder Real Estate Investment Trust Draws Down Credit Facility

17th Apr 2020 15:59

(Alliance News) - Schroder Real Estate Investment Trust Ltd on Friday said it has drawn its revolving credit facility with Royal Bank of Scotland International in full, totalling GBP52.5 million.

The investment company said it now has GBP87.5 million in cash which provides important operational flexibility to capitalise on future investment opportunities.

Schroder Real Estate Investment Trust shares were trading 1.3% lower in London on Friday at 38.80 pence each.

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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