Edition:
United Kingdom

RDI Reit PLC (RDI.L)

RDI.L on London Stock Exchange

116.60GBp
1:07pm BST
Change (% chg)

0.20 (+0.17%)
Prev Close
116.40
Open
117.80
Day's High
118.00
Day's Low
116.00
Volume
77,461
Avg. Vol
269,408
52-wk High
175.59
52-wk Low
97.00

Latest Key Developments (Source: Significant Developments)

RDI REIT Says Exchanged Contracts To Sell Its Bahnhof Center In Altona, Hamburg For EUR 91 Million
Wednesday, 18 Sep 2019 

Sept 18 (Reuters) - RDI Reit PLC ::EXCHANGED CONTRACTS WITH VOLKSBANK EG BRAUNSCHWEIG WOLFSBURG TO SELL ITS BAHNHOF CENTER IN ALTONA, HAMBURG FOR EUR 91.0 MILLION.DISPOSAL IS EXPECTED TO COMPLETE ON 31 DECEMBER 2019.DISPOSAL IS IN LINE WITH RDI'S STRATEGIC DECISION TO EXIT ITS GERMAN RETAIL PORTFOLIO.PROCEEDS FROM DISPOSAL WILL BE USED TO REDUCE LEVERAGE THROUGH A REDUCTION OF GROUP'S REVOLVING CREDIT FACILITY.  Full Article

RDI REIT Refinances London Serviced Office Portfolio
Wednesday, 5 Jun 2019 

June 5 (Reuters) - RDI Reit PLC ::REFINANCING OF LONDON SERVICED OFFICE PORTFOLIO.REFINANCED ITS LONDON SERVICED OFFICE PORTFOLIO WITH A NEW £75.0 MILLION FINANCING FACILITY..FACILITY AGREED WITH ABERDEEN STANDARD INVESTMENTS FOR 7-YEAR TERM TO REFINANCE TWO EXISTING FACILITIES MATURING IN DEC 2019, AUG 2022.  Full Article

RDI Reit Confirms Unsolicited Approach From Cromwell Property
Wednesday, 27 Mar 2019 

March 27 (Reuters) - RDI Reit PLC ::RESPONSE TO PRESS SPECULATION.CONFIRMS IT HAS RECEIVED AN UNSOLICITED APPROACH FROM CROMWELL PROPERTY GROUP.HAS RECEIVED AN UNSOLICITED APPROACH REGARDING A POTENTIAL OFFER TO ACQUIRE ALL OF ISSUED AND TO BE ISSUED SHARES OF RDI REIT.CROMWELL TO HAVE UNTIL ON APRIL 23 TO EITHER ANNOUNCE A FIRM INTENTION TO MAKE AN OFFER OR NOT.  Full Article

Cromwell Property Confirms An Approach To Board Of RDI For A Potential Transaction
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Cromwell Property Group ::CONFIRMS THAT IT HAS MADE AN APPROACH TO BOARD OF RDI REGARDING A POTENTIAL TRANSACTION.DISCUSSIONS ARE ONGOING BETWEEN PARTIES.RESPONSE TO MEDIA SPECULATION.  Full Article

RDI REIT Says Overall Trading Across Portfolio "Robust"
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - RDI Reit PLC ::RDI REIT PLC - OVERALL TRADING ACROSS PORTFOLIO REMAINS ROBUST.RDI REIT- SERVICED OFFICE PORTFOLIO DELIVERED INCOME RESULTS AHEAD OF EXPECTATIONS WITH FORWARD LOOKING OCCUPANCY AND ENQUIRIES REMAINING STRONG.  Full Article

Redefine International ‍Changes Name To RDI REIT P.L.C.​
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Redefine International Plc ::‍CHANGES NAME AND REBRANDS TO RDI REIT P.L.C.​.  Full Article

Redefine International says ‍increased shareholding in International Hotel Properties to 74.1 pct​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - REDEFINE INTERNATIONAL PLC ::‍INCREASED SHAREHOLDING IN INTERNATIONAL HOTEL PROPERTIES LIMITED TO 74.1%​.‍ACQUIRED FURTHER 8,498,652 IHL SHARES FROM REDEFINE PROPERTIES LIMITED INCREASING CO'S SHAREHOLDING IN IHL FROM 58.9% TO 74.1%​.  Full Article

Redefine says company's interest in IHL now at 26.2 pct
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Redefine International Plc :REDEFINE INTERNATIONAL - ‍AGREED TO ACQUIRE FURTHER 5.0 MILLION SHARES IN INTERNATIONAL HOTELS GROUP FROM REDEFINE PROPERTIES IN CONSIDERATION FOR ISSUE OF 12.5 MILLION NEW REDEFINE INTERNATIONAL SHARES​.‍TRANSACTION TAKES COMPANY'S INTEREST IN IHL FROM 17.2 PER CENT TO 26.2 PER CENT​.  Full Article

Redefine International says FY ‍underlying earnings 49.8 pence
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Redefine International Plc :FY ‍UNDERLYING EARNINGS (RE-BASED) 49.8 PENCE .FY ‍EPRA NAV PER SHARE OF 41.4 PENCE VERSUS 40.0​ PENCE YEAR AGO.FY ‍GROSS RENTAL INCOME INCREASED 3.7% ON A LIKE-FOR-LIKE BASIS (2016: 1.0%)​.FY ‍UNDERLYING EARNINGS PER SHARE OF 2.75 PENCE IN LINE WITH GUIDANCE​.  Full Article

UPDATE 1-UK Stocks-Factors to watch on April 25

April 25 Britain's FTSE 100 index is seen opening 6 points higher at 7,477 on Thursday, according to financial bookmakers, while FTSE 100 futures were up 0.22 percent ahead of the cash market open.