RDI agrees ‘standstill’ with Aviva after breaching lending covenants

RDI REIT, which saw off a potential bid from Australian investment giant Cromwell Property Group, has agreed a standstill agreement with lender Aviva after breaching covenants on four of its shopping centres.

from Property Week - Retail news http://bit.ly/2Zvfwb5
via Bahria Town Karachi

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