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Finance news on propcos
NAV dips at Custodian
Custodian Property Income REIT’s net asset value (NAV) dipped 3.4% during the six months to the end of September.
NAV falls but earnings leap at Schroder European REIT
Schroder European Real Estate Investment Trust’s net asset value (NAV) fell 9% in the six months to the end of September, reflecting “the impact challenging economic and geo-political risks have had on asset valuations”, the company said.
Adlington Retirement Living secures £75m funding to spur growth
Adlington Retirement Living has secured a £75m development facility from NatWest and Homes England that will be used to accelerate the growth of the group’s investment pipeline across England, Property Week can reveal.
Shaftesbury secures £300m refinancing loan
Shaftesbury Capital has secured a £300m unsecured loan with an initial maturity of three years.
Tritax EuroBox reports NAV decrease
Net asset value (NAV) at Tritax EuroBox slumped 25% in the year to the end of September as yields moved out across the property sector.
