Regional REIT (GB:RGL) has released an update.
Regional REIT Limited has successfully repaid its £50 million retail bond and, following a £110.5 million capital raise, plans to further reduce its debt, improving its loan-to-value (LTV) ratio to 41%. This strategic financial move enhances the company’s financial stability and supports its continued investment in property assets to spur rental income growth and lower vacancy rates.
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