Supermarket REIT sweeps £60m revolver

By Mike Turner
27 Jul 2020

Supermarket Income REIT, a UK grocery property investment company, has signed a £60m revolving credit facility, as sterling loans see a bump in demand.

The loan has a five year maturity with two one year extension options. Ben Green, a director at Atrato Capital, the REIT’s investment adviser, said the loan was “competitively priced seven year funding with room to grow”, suggesting the company is expecting to activate the extension options. 

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