AUK acquisition is a-okay for landlord Redefine

Headline numbers don't tell the full story for property landlord Redefine International (RDI) because these were distorted by costs associated with the acquisition of the Aegon UK property portfolio (AUK). This transformational deal boosted the real estate investment trust's assets by around a half to £1.5bn, and will add £28.6m in annualised gross rental income.

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