The Local Shopping REIT has paid back all its bank debt as it nears the end of its 600-plus asset disposal programme which started in 2013.
In its annual results for the year ended 30 September, the REIT said that paying back its bank loans in July with sales proceeds was a “major achievement during the year”, and it has whittled its portfolio down to 34 property assets, valued at £9.3m, of which 23 are under offer.
Click here for the full Investegate announcement
