Source - SMW
KCR Residential REIT's wholly owned subsidiary, K&C (Osprey), has acquired a further apartment within one of its freehold retirement residential developments.  

The 67-year lease of the apartment was purchased for £317,500, excluding costs.   The acquisition was funded via the drawdown of an additional £0.5 million nominal value convertible loan note at par under the instrument utilised for the convertible loan note of £1.35 million, issued on 10 Jul.

At 9:18am: (LON:KCR) KCR Residential Reit PLC share price was 0p at 85p