Contact Us |
Redefine International, the FTSE 250 income-focused UK-REIT, announces that it has sold 201 Deansgate in Manchester for £29.15 million.
Redefine International (“Redefine International” or the “Company”), the opportunistic income focused FTSE 250 UK-REIT, has let 1,022 sqm (11,000 sq ft) at City Point, Leeds to Blacks Solicitors LLP, bringing the office asset, which was acquired as part of the AUK portfolio in March 2016, to full occupancy.
Redefine International's strengthened portfolio delivers resilient income performance in its 2016 full year results.
JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) has successfully raised Euro 150 million through the launch of a five year exchangeable bond programme to be listed on the Frankfurt Stock Exchange, with the proceeds to be used in part settlement of the bridge facility used to fund its recent investment into Poland.
US, European and Asian fund managers are apparently starting to bulk up exposure to UK property stocks to cash in on the weaker pound and negative sentiment about Brexit.
Redefine International says its diversified portfolio has been less affected by the Brexit vote than other UK-focused property funds.
Jackie van Niekerk‚ CEO of Pivotal Property Fund discusses full-year results from the property investment fund.
The argument has often been made that the reason the SA listed property sector has delivered good returns over time, apart from a declining yield environment, is primarily due to its predictable and growing income stream.
Redefine International, the opportunistic income focused FTSE 250 UK-REIT, is pleased to announce that it has successfully completed on the acquisition of the second tranche of the Aegon UK (“AUK”) portfolio for a purchase price of GBP204.7 million (GBP213.2 million including costs).
Redefine International announces its potential placing to raise minimum proceeds of £100 million.