The REIT was taken private by Starwood in a £468m deal last year
Buyer says company’s “next stage of evolution” better suited to private ownership
REIT identifies drivers for realignment of its portfolio in latest market update
RDI REIT has completed the sale of its UK retail parks portfolio for £156.9m.
Rent paid for the June quarter has now risen from 70.1% to 90.2%
Sale of Schloss-Strassen Center is part of REIT’s long-held plans to withdraw from Germany
Arrival Automotive has taken circa 288,000 sq ft at the Bicester estate
Net rental income for the six months ending 29 February 2020 fell to £35.7m
Aviva shopping centre portfolio adds uncertainty to business
Sale is part of RDI REIT’s strategy to exit its German retail portfolio.
RDI REIT has signed a series of new lettings across the UK
RDI REIT reported a net asset value declines of 4.4% for the six months ended 28 February.