Managing risk through a streamlined, more focused offshore asset platform and zoning in resolutely on high-quality, well-located domestic assets have helped real estate investment trust (Reit) Redefine Properties lay the foundations for future growth once Covid-19-related uncertainty and volatility slows. CEO Andrew Konig, however, told investors during a pre-close briefing on August 24 that “property fundamentals are going to be challenged for the rest of 2020 and beyond” owing to unprecedented and evolving market conditions.
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