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The Invista European Real Estate Trust has paid...

January 18, 2014

Jack Sidders

The Invista European Real Estate Trust has paid down debt on its property portfolio in a bid to get its loan-to-value ratio below 70%. The company has used 5.5m (4.6m) of cash to amortize a senior debt facility secured against the 316.1m portfolio. The payment enables the company to meet its debt LTV covenants. jack.sidders@estatesgazette.com


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Source: Estates Gazette (UK)


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