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Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Completes the early refinancing of its €14 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 €84.7 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: R 18.27, down 0.7%
12-month change: down 22%
By Artwell Dlamini, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
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