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Intu Properties extends and reduces Puerto Venecia loan margin with HSBC

Intu Properties has amended and extended the €225m term loan secured by Puerto Venecia shopping centre in Zaragoza, Spain, , with banks including HSBC.
By James Wallace
April 6, 2018 | 5:38 P.M.

The 120,000 sq m Puerto Venecia shopping centre was valued at 461.6m, which reflects a 4% positive revaluation in the year to the end of 2017, reflecting a 4.5% net initial yield.

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