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RDIRF on OTC Markets Group

Redefine International

British property investment company

Brightbay Real Estate Partners is a British property investment business. It was acquired by Starwood Capital Group in 2021, and remains a fully integrated Real Estate Investment Trust (REIT).2 Its shares trade on OTC Markets Group under the symbol RDIRF.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2002Founded1

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Brightbay Real Estate Partners is a British property investment business. It was acquired by Starwood Capital Group in 2021, and remains a fully integrated Real Estate Investment Trust (REIT).2

The story

The company was established in 2002 as the Corovest International Real Estate Fund. It was floated on the Alternative Investment Market in 2006. It changed its name to Redefine International in 2008 and converted to a Real estate investment trust listed on the London Stock Exchange in 2013. It changed its name again, to RDI REIT, in November 2017.

Until 2021, it was listed on the London Stock Exchange as RDI REIT PLC, ticker symbol RDI. In May 2021, Starwood Capital Group acquired RDI REIT plc for £467.9M and it was reformed into Brightbay Real Estate Partners.

From Wikipedia’s article on Brightbay Real Estate Partners, shared under CC BY-SA 4.0.3

Products and brands

The company's largest investments include the Grand Arcade in Wigan, St George's Shopping Centre in Harrow and West Orchards Shopping Centre in Coventry. The company had a portfolio valued at £1.5bn as at 31 August 2017.

From Wikipedia’s article on Brightbay Real Estate Partners, shared under CC BY-SA 4.0.3

Timeline

  1. 2002Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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