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Picton Property Income Ltd - commercial property investor - Buys Madleaze Trading Estate in Gloucester, England for GBP13.1 million. Says it has funded the acquisition using its revolving credit facility, and its proforma loan-to-value will increase to 22% post acquisition.
Current stock price: 94.62 pence
Year-to-date change: up 26%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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