RDI, the income focused UK-REIT, today announces that it has completed the acquisition of Southwood Business Park, an industrial estate in Farnborough, Hampshire for a total consideration of £26.3 million, reflecting a net initial yield of 6.2%.

RDI, the FTSE 250 income focused UK-REIT, which has a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange, today announces its results for the six months ended 28 February 2018.

Wednesday, 11 April 2018 03:00

RDI disposes of leeds for £26.1 Million

RDI, the FTSE 250 income focused UK-REIT, which has a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange, today announces that it has exchanged contracts for the disposal of City Point in Leeds for £26.05 million. 

RDI, the FTSE 250 income focused UK-REIT, announces the acquisition of an 80% interest in a portfolio of four established, strategically located and high quality flexible offices in Central London from Forum Partners, Kailong Group and Office Space in Town (“OSIT”). 

Further to the announcement on 6 November 2017 regarding the exchange of contracts with PATRIZIA Immobilien AG for the sale of the Leopard Portfolio, comprising 66 German retail properties (the “Sale”), RDI, the FTSE 250 income focused UK-REIT, is pleased to confirm that the Sale successfully completed on 29 December 2017. 

Redefine International, the FTSE 250 income-focused UK-REIT, announces that it has sold 201 Deansgate in Manchester for £29.15 million.

JSE-listed, internationally diversified real estate investment trust Redefine Properties (JSE: RDF) has completed a thorough review of its board and committee structures in order to align the Company with governance requirements and to accelerate transformation.

Redefine International's strengthened portfolio delivers resilient income performance in its 2016 full year results.

Redefine International says its diversified portfolio has been less affected by the Brexit vote than other UK-focused property funds.

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).

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