Response to announcement by Redefine Properties regarding conditional sale of shareholding
RDI REIT P.L.C.
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
(“RDI” or the “Company” or the “Group”)
RESPONSE TO ANNOUNCEMENT BY REDEFINE PROPERTIES REGARDING CONDITIONAL SALE OF SHAREHOLDING
The Board of RDI, the income focused UK Real Estate Investment Trust (“UK-REIT”), notes the
announcement from Redefine Properties on the JSE that it has agreed to a conditional sale of its
29.42 per cent shareholding in the Company to controlled affiliates of Starwood Capital Group.
The Board looks forward to engaging with Starwood Capital Group as a shareholder in the Company.
For further information:
RDI REIT P.L.C.
Mike Watters, Stephen Oakenfull Tel: +44 (0) 20 7811 0100
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Tel: +44 (0) 20 3727 1000
SA Public Relations Adviser
Frederic Cornet Tel: +27 (0) 11 447 3030
Java Capital Tel: + 27 (0) 11 722 3050
29 June 2020
Note to editors:
RDI is an income focused UK-REIT with a diversified portfolio invested principally in the UK. The
investment approach is driven by an in depth understanding of occupational demand including the
impact of technology, transport and infrastructure investment. The portfolio has been repositioned
in recent years to increase its weighting to London and the South East and to provide greater exposure
to our leading hotel and serviced office operating platforms.
RDI is committed to delivering attractive income led total returns across the real estate cycle.
The current strategic objectives of a lower leverage capital structure and more focused allocation
of capital are targeted at delivering an industry leading and sustainable income return.
RDI is a UK Real Estate Investment Trust (UK-REIT) and holds a primary listing on the London Stock
Exchange and a secondary listing on the JSE. The Company is included within the EPRA, GPR, JSE All
Property and JSE Tradeable Property indices.
For more information on RDI, please refer to the Company's website www.rdireit.com
Date: 29-06-2020 05:04:00
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