Redefine International (RPL) said on Wednesday it had completed the first part of the refinancing relating to the EUR156.8 German retail property portfolio acquired in a joint venture with Redefine Properties.
At the same time‚ Redefine International said it had reached a deal with Redefine Properties to dispose of 12 German retail properties to the joint venture.
Redefine International owns a portfolio of shopping centres‚ offices and hotels across the UK‚ Germany‚ Switzerland and Australia. Redefine Properties owns a 30% interest in Redefine International.
