Tamar European Industrial : TEIF – sale and bank facility

TEIF has sold an asset in Sweden (a 2,963 sqm light industrial building in Angelholm)  for £0.98m – a small premium to its latest valuation.

TEIF has also extended repayment of a €71m loan secured against assets in France, Belgium and Holland to July 2015. The new cost of this facility is 7.66% per annum including fees.

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