Wednesday, 07 March 2018 20:30
Redefine refines offshore structure, bolsters liquidity with R3.7 billion sale of Cromwell stake in Australia
JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has bolstered its liquidity and began a process to refine its international holdings following an agreement to sell a 19.5% stake in Australia-listed Cromwell to Singapore-based ARA Asset Management Limited.
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Listed Property, REIT, Real Estate Funds
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