Redefine Properties successfully places Euro 150 million secured bonds exchangeable into shares of Redefine International plc
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.
Redefine Properties fulfills all conditions necessary to seal 1.2bn Euro investment in Poland
Today Redefine Properties has fulfilled all of the conditions necessary to finalise its 75% plus one share investment into a 1.2 billion Euro high-yielding commercial platform comprising 18 properties in the Polish market.
Pivotal Property Fund confident of spike in share price soon
Jackie van Niekerk‚ CEO of Pivotal Property Fund discusses full-year results from the property investment fund.
Acquisition of an interest in Echo Prime Properties B.V
Acquisition of an interest in Echo Prime Properties B.V.
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