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RDI Reit PLC

RDI.L: Share Price & Live Data

129.40 GBP
-0.40 (-0.31%)
Price open 130.40
Previous close 129.80
Market cap 498.89M
Volume 315.89K
Day high 130.60
Day low 128.00
Year high 161.00
Year low 0.99

About RDI Reit PLC

Redefine International is a real estate investment trust seeking to become the United Kingdom’s biggest property investment business. Established in 2002 as a real estate fund, the company transitioned into a REIT in 2008. The income-led business model seeks to offer shareholders underlying earnings per share of between 3% and 5%.

The real estate investment trust seeks to deliver long-term sustainable income returns while investing in real estate. Its current portfolio is valued at over £1 billion. The REIT invests in a diversified property that also reduces reliance on one particular sector or tenant.

The REIT also invests in sectors and areas underpinned by the strong occupier, demand, and structural change. In addition to owning property in the U.K, it has expanded its footprint in Germany as part of its growth strategy.

RDI REIT also maintains an efficient capital structure as well as low cost of debt that ensures investors get to enjoy optimum returns.

RDI REIT enjoys primary listing on the London Stock Exchange as well as a secondary listing on the Johannesburg Stock Exchange.

Latest RDI Reit PLC News

FTSE 100 Index – A brief overview of Thursday, October 24th, 2019

In the recent news, the FTSE 100 index has been observed trading higher than expected this morning, Thursday, October 24th, 2019. While the Brexit uncertainty was expected to keep the financial markets under pressure until the decision from the European Union regarding UK’s request for an extension wasn’t announced, the market opened at 7...

Redefine share price: Company Ups Dividend As Distributable Earnings Rise Strongly

LONDON (Alliance News) - Real Estate Investment Trust Redefine International PLC Wednesday raised it...

UK REIT watch: Redefine International buys Weston Favell shopping centre

Tritax Big Box acquires Sainsbury's distribution centre

UK REIT watch: Redefine International becomes UK’s newest REIT

NewRiver buys £24-million shopping centre portfolio

Overview

Name
RDI Reit PLC
Exchange
London Stock Exchange
Sector
Real Estate
Industry
REIT—Diversified
Country
United Kingdom
Full time employees
195

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