Redefine International (RI), a South-African backed REIT focused on UK real estate and German retail assets, has announced plans to rebrand as RDI REIT, short for Real Estate Diversified Income REIT, from next month.
Opportunistic investors KKR and Baupost confirmed the acquisition of a portfolio of 33 Marriott International hotels across the UK from ADIA, while listed property group Covivio completed the purchase of 43 hotel properties in France, Belgium and Germany, in a €800 mln swap deal with AccorInvest.
