RDI has completed the second and final stage of its £75m London serviced office portfolio refinancing.
The facility, provided by Aberdeen Standard Investments for a seven-year term, has refinanced two existing facilities that were due to mature in December 2019 and August 2022.
The portfolio of four central London assets, located close to two new Crossrail stations and the Southbank market, has maintained an occupancy rate of 94.5% with EBITDA increasing 0.9% since 31 August 2018 and the average stay now above 30 months.
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