Finance

Regional REIT buys UK office portfolio for £236m

By 2021-08-31T08:02:00

Stephen Inglis Regional REIT

Regional REIT has acquired a portfolio of 31 office assets from Squarestone Growth for a £236m.

The deal will be paid for via three components: the issuance of 84,230,000 new ordinary shares in the company at 98.6p per share, £76.7m of existing cash resources and additional borrowings of £76.2m.

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