U.K. investment manager, Schroders, has received a new £230 million five-year debt facility for its West End of London Property Unit Trust (WELPUT), Reuters reports. The facility was jointly provided by Deutsche Bank and Commerzbank unit, Eurohypo. WELPUT, which was advised by Grafton Advisors, comprised of nine assets valued at £690 million at the end of last year. The vehicle is a closed-ended fund that invests in office space in London’s West End theatre district.
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