• REIT breaches covenant as shopping centre valuations downgradedApril 10, 2019
RDI REIT PLC on Monday said loan to value ratio of four of its properties rose above 85% due to ongoing uncertainty in the UK shopping centres market. The trust said four of its shopping centres in the UK, Grand Arcade, Weston Favell, Birchwood and Byron Place, which represent 12% of the portfolio, are financed
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