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AEW UK REIT secures debt facility

AEW UK REIT has announced that it has secured a £40m 5 year term loan facility with RBS International.

AEW UK REIT has approximately £81m invested. It will use the Facility to continue its investment process once net IPO proceeds have been fully invested and to provide gearing of up to 20% loan to Net Asset Value measured at drawdown.

The Company will use a CAP based interest rate hedging strategy to protect the Company’s distribution profile against interest rate volatility.

AEWU : AEW UK REIT secures debt facility

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