Duet Real Estate Finance : DREF – loan repayment

Duet Real Estate Finance has announced that “loan 13” has been fully realised (because the underlying asset that it was secured against has been sold) and that the return on the investment was “in-line with its investment criteria”. Whilst that statement is not too informative, Duet Real Estate Finance has said that the net effect of this is that this means it has got back £10.2m (13.63p per share), some of which it now intends to distribute to shareholders – details to be revealed soon.

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