COIMA RES: signed Euro 31.5 million financing for the Pavilion acquisition

COIMA RES S.p.A. SIIQ announces that it has entered into a new financing agreement with UniCredit for Euro 31.5 million (including the VAT line) for the financing of the acquisition of the Pavilion. The financing is secured against the property and features a 5-year maturity and an “all in” cost of c. 1.80%. The financing will be drawn upon closing of the acquisition which is expected by January 2019.