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Secure Income REIT raises c. €160 million for Travelodge acquisition in placing
Secure Income REIT has raised gross proceeds of €159.98 million (£140 million) in a very heavily oversubscribed Placing of 46,885,466 shares. The placing shares will be issued at a price of 298.6 pence per share pursuant to the terms and conditions of the Placing set out in the company’s announcement…
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