Edition:
United States

RDI Reit PLC (RDI.L)

RDI.L on London Stock Exchange

32.05GBp
21 Sep 2018
Change (% chg)

-0.70 (-2.14%)
Prev Close
32.75
Open
32.85
Day's High
33.40
Day's Low
32.05
Volume
21,396,413
Avg. Vol
2,466,114
52-wk High
39.00
52-wk Low
31.25

Latest Key Developments (Source: Significant Developments)

Redefine International ‍Changes Name To RDI REIT P.L.C.​
Friday, 1 Dec 2017 02:00am EST 

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 05:45am EST 

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 11:35am EDT 

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 02:00am EDT 

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

Redefine to raise stake in International Hotel Properties Limited
Wednesday, 19 Jul 2017 02:30am EDT 

July 19 (Reuters) - Redefine International Plc P::Proposed acquisition of a further stake in International Hotel Properties Limited.Intends to increase its current shareholding in IHL to 50 pct by acquiring 18.3 million IHL shares from minority shareholders.Consideration for IHL shares will be made through issue of 2.5 redefine international shares for every 1 IHL share held.Sees material savings generated via integration of hotel assets into co's portfolio and REIT status‍​.  Full Article

Redefine International posts HY underlying eps of 1.35 pence
Wednesday, 26 Apr 2017 02:00am EDT 

April 26 (Reuters) - Redefine International Plc ::For six months ended 28 february, underlying earnings per share of 1.35 pence, in line with guidance.Cash and available facilities of gbp100.3 million (31 august 2016: gbp57.3 million).  Full Article

Redefine International to acquire control of German retail portfolio joint venture
Friday, 7 Apr 2017 02:29am EDT 

Redefine International Plc : Agrees €49 Million Investment to acquire control of german retail portfolio joint venture . Acquisition of controlling interest in Leopard Portfolio consisting of 66 German retail properties currently held in joint venture . Total portfolio independently valued at EUR 175.5 million reflecting a net initial yield of 7.4 per cent . Consideration will be funded from cash resources . Company will hold an effective 94 per cent controlling interest in portfolio, whilst providing 100 per cent .Company will hold an effective 94 per cent controlling interest in portfolio, whilst providing 100 per cent. Of its non-bank financing requirements by way of shareholder loans.  Full Article

Redefine Intl continue to see robust occupational demand
Monday, 6 Feb 2017 05:00am EST 

Redefine International Plc : Continue to see robust occupational demand across our portfolio and active discussions are ongoing across all sectors .Underlying trading across UK hotel portfolio improved markedly, following period of weaker trading towards middle of 2016 around the referendum.  Full Article

Redefine International completes 29 mln stg Manchester office disposal
Tuesday, 31 Jan 2017 02:00am EST 

Redefine International:Redefine International completes 29 mln stg Manchester office disposal.  Full Article

BRIEF-Rdi REIT Says HY Underlying Earnings Per Share Of 1.46 Pence

* HY UNDERLYING EARNINGS PER SHARE OF 1.46 PENCE, AN INCREASE OF 8.2%, WELL AHEAD OF MEDIUM TERM GROWTH TARGETS