Barclays has extended £200m of debt facilities to UK Commercial Property Trust.
The new facilities include a £50m revolving credit facility and a refinance of an existing Barclays loan that was originally taken in 2011. They will be used by the company to make further acquisitions to add to its 42 existing properties, worth over £1.3bn.
The funds are in addition to a £300m, 12-year facility extended by Cornerstone Real Estate Advisors in April.
The deal was led by the Barclays corporate banking team for Scotland.
