Urban Logistics houses more debt as Hammerson battles under its own pile

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Urban Logistics houses more debt as Hammerson battles under its own pile

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Urban Logistics, a UK Reit, has taken on a £48m debt facility on top of its bank revolving credit facility, as the property sector piles on new debt. But other companies are starting to show cracks. Retail Reit Hammerson issued grave warnings over its debt pile after posting a £1.7bn loss.

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