Monday broker round-up
18th Feb 2019 12:32
(Sharecast News) - Centrica: Berenberg downgrades to hold with a target price of 140p.
Read moreBerenberg plucks winners from shift in consumer habits
15th Feb 2019 11:41
(Sharecast News) - As part of a cross-sector report on Friday, Berenberg highlighted the big shift in consumer demanded for purchased items to come to them, something analysts believe will put several UK mid-cap outfits in a position to take advantage of emerging structural trends.
Read moreRDI beats retail apocalypse with three new lettings
28th Jan 2019 10:33
(Sharecast News) - RDI REIT has agreed three new "high quality" lettings at two of its retail parks, it announced on Monday, delivering an average uplift of 40% on gross annualised rents reported for the year ended 31 August.
Read moreTuesday broker round-up
30th Oct 2018 13:15
(Sharecast News) - Inmarsat: Numis upgrades to hold with a target price of 430p.
Read moreTuesday broker round-up
18th Sep 2018 12:51
(Sharecast News) - Petra Diamonds: Citigroup upgrades to buy with a target price of 70p.
Read moreRDI forward funds two Bicester units, sells Edinburgh office
13th Sep 2018 07:58
(Sharecast News) - Income-focussed real estate investment trust RDI has completed a forward-funding agreement to acquire two "high quality" distribution units in Bicester totalling 288,000 square feet, as well as completing the disposal of the Lochside office in Edinburgh, it announced on Thursday.
Read moreGavin Tipper confirmed as RDI's new chairman
25th Jul 2018 08:36
(Sharecast News) - RDI REIT confirmed the appointment of Gavin Tipper as its new chairman on Wednesday, effective immediately, following the announcement on 15 December in which Greg Clarke advised of his intention to step down as chairman of the board.
Read moreRedefine sells Manchester property for £30m to reduce its debt
31st Jan 2017 07:49
(ShareCast News) - Real estate investment trust Redefine International has sold a Manchester property for £29.15m to Essex County Council in a bid to reduce its debt. The FTSE 250 company said that the proceeds of the sale will be used to refinance and extend of certain debt facilities, after it agr
Read moreRedefine International sells German offices for €106m
18th Jan 2017 08:20
(ShareCast News) - Redefine International, a real estate investment trust, has sold four German offices for €106m. The offices, which the company holds a 49% stake in, were sold by a share sale, which were held in a joint venture with Israeli insurance and pension fund, Menora Mivtachim Group. The
Read moreRedefine earnings rise despite tough market conditions
27th Oct 2016 08:37
(ShareCast News) - Income-focused UK real estate investment trust Redefine International announced its results for the year to 31 August on Wednesday, with a 17.6% increase in earnings available for distribution to £52.2m. The FTSE 250 firm also declared a second interim dividend of 1.575p per share
Read moreRedefine makes good progress on Aegon UK portfolio
12th Jul 2016 07:55
(ShareCast News) - Redefine International, the self-described "opportunistic income focused" real estate investment trust, said it had made good progress ahead of initial expectations on asset management initiatives on its recently acquired Aegon UK portfolio (AUK). Following the UK's decision to le
Read moreRedefine posts impressive earnings growth
26th Apr 2016 08:02
(ShareCast News) - Income-focused real estate investment trust Redefine International posted impressive earnings growth in its interim results on Tuesday, along with a modest increase in its portfolio value. The FTSE 250 firm reported an 18.7% increase in earnings available for distribution during t
Read moreFriday broker round-up
4th Mar 2016 16:52
(ShareCast News) - Coca-Cola Hbc: HSBC upgrades to neutral with a target price of 1423p. Petrofac: Citigroup downgrades to neutral. Redefine International: JP Morgan upgrades to neutral with a target price of 50p. William Hill: UBS downgrades to sell with a target price of 365p. Euromoney Interna
Read moreRedefine completes purchase of Aegon property portfolio
2nd Mar 2016 11:54
(ShareCast News) - Redefine International completed a major acquisition on Wednesday, announcing it had reached the final point on buying the second tranche of the Aegon UK (AUK) portfolio for a price of £204.7m net of costs. The FTSE 250-listed real estate investment trust said the total purchase p
Read moreRedefine International announces placing to raise £100m
16th Feb 2016 08:03
(ShareCast News) - UK real estate investment trust Redefine International announced a placing of up to 375m shares to raise gross proceeds of over £100m to finance the second tranche of its acquisition of the AUK Portfolio announced back in September. Redefine said in January that the second tranche
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