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Redefine International Plc (LSE:RDI)
£99.00
Redefine International Plc (LSE:RDI) is a London listed REIT. Redefine International states that they focus on income driven returns so is a good fit for income investors.
A REIT (Real Estate Investment Trust) in UK pays no corporation tax as long as the company pays out 90% of property income as a dividend to shareholders. This makes the REIT form an excellent way for investors to access property income streams with tax advantages. The REIT structure also means that management are incentivised to pay out 90% of income to shareholders.
