Redefine cuts gearing as it sells assets and optimises portfolio
07 November 2022 - 09:12
UPDATED 07 November 2022 - 20:00
Redefine Properties’ strategy to optimise its property portfolios and selling of noncore assets has resulted in its loan-to-value (LTV) reducing by 2.2 percentage points for the 2022 financial year.
LTV fell from 42.4% in 2021 to 40.2% in the period, in line with the target range of 38%-41%...
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