UK REIT Shaftesbury has agreed a new £125 mln (€150 mln) five-year revolving credit facility with Lloyds Bank.
UK REIT Shaftesbury has agreed a new £125 mln (€150 mln) five-year revolving credit facility with Lloyds Bank.
The new facility replaces an existing £125 mln facility which was due to expire in April 2016. The weighted average maturity of the group's debt at 30 November 2013 increased from 5.6 years to 6.2 years.
Shaftesbury owns and manages £2 bn of real estate in London's West End.
