Finance

Tungsten secures £50m RCF for logistics pipeline

By 2020-03-09T11:28:00

Mountpark Logistics Sered

Source: Mountpark Logistics Sered

Tungsten Properties has secured a £50m revolving credit facility (RCF) from Fortwell Capital.

The RCF will be used to finance the development of Tungsten Properties’ £180m logistics development pipeline, amounting to 1.5m sq ft of industrial space across the UK, over a period of 36 months.

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