SINGAPORE (Sept 19): The supervisor of Cambridge Industrial Trust (CIT) says it will renegotiate the advance office conceded by National Australia Bank on Monday.
Therefore, CIT's weighted normal obligation expiry will be extended to 3.4 years with 88.5% of loan fee presentation settled, and holding nothing back expense of obligation stable at 3.65% p.a., says Cambridge Industrial Trust Management (CITM).
The majority of CIT's properties will be completely unrestricted, speaking to aggregate portfolio esteem in abundance of $1.4 billion.
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