UK-based residential property owner Grainger has announced the injection of additional liquidity in its core UK debt portfolio through the raising of a £228mln (EUR 287mln) five-year revolving credit facility. The group's debt now averages a five-year maturity, with the main facility averaging four years. The main facility's first refinancing will be due in June 2010.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
