Property investment and development company Quintain announced on Friday that it has reached agreement with eight banks to refinance all its bank debt with a series of bi-lateral loans. The new loan facilities total £620 mln and have an average tenure of 5.6 years, with an average margin of 1.15% for the mixture of five and six-year facilities.
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.
