Schroder Real Estate Investment Trust has drawn all of its £52.5m revolving credit facility with Royal Bank of Scotland.
This provides the company with approximately £87.5m in cash.
SREIT said it had done this to give the business “operational flexibility to capitalise on future investment opportunities”.
The company’s consolidated net loan-to-value ratio remains unchanged at circa 21%, based on its valuation at the end of December.
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