Regional REIT pays £50m of loan back early

Money £50 notes

Source: Shutterstock/Claudio Divizia

Regional REIT, the UK regional office and industrial property group, has repaid £50m of its £65m ICG Longbow loan facility almost a year ahead of schedule.

The remainder of the loan, which is due to mature August 2019, is expected to be settled by the end of November 2018 from disposal proceeds or a refinancing.

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