$16.92 arrow  Change: 0.14 %Chge: 0.83% Vol: 1,248
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High: 17 | Low: 16.855 | Open: 16.855 | Close: 16.92
52 Wk High: 17.14 | 52 Wk Low: 14.4 | Todays Pivot: 16.93
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Online News For Reading International

UK REIT RDI Buys four London offices for £161.7m

Real estate investment trust RDI has acquired an 80% stake in a portfolio of four offices in Central London for £161.7m (€181.1m). The FTSE 250 listed group, formely known as Redefine, said it bought the assets from Forum Partners, Kailong Group and ...

RDI REIT buys London offices for £161.7m - RDI REIT said it had acquired an 80% interest in a portfolio of four office properties in central London from Forum Partners, Kailong Group and Office Space in Town for a combined £161.7m. The purchase price reflected an anticipated ...

RDI REIT buys London offices for £161.7m

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RDI REIT PLC – Acquisition of four flexible London offices valued at 161.7 million

four established, strategically located and high quality flexible offices in Central London from Forum Partners, Kailong Group and Office Space in Town (“OSIT”). The portfolio value of £161.7 million reflects an anticipated net initial yield of over 6.0%.

BRIEF-Rdi Reit Announces Acquisition Of Four Flexible London Offices

Jan 15 (Reuters) - RDI Reit Plc: * ACQUISITION OF FOUR FLEXIBLE LONDON OFFICES VALUED AT £161.7 MILLION Source text for Eikon: Further company coverage: ( Our Standards:The Thomson Reuters Trust Principles.

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