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RDI REIT
Brightbay Real Estate Partners is a property investment business. 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 and remains a fully integrated Real Estate Investment Trust. History 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. Operations 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 Coventry ( or ) is a city in the West Midlands, England. It is on the River Sherbourne. Coventry has been a large settlement ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Douglas, Isle Of Man
Douglas ( gv, Doolish, ) is the capital and largest town of the Isle of Man, with a population of 26,677 (2021). It is located at the mouth of the River Douglas, and on a sweeping bay of . The River Douglas forms part of the town's harbour and main commercial port. Douglas was a small settlement until it grew rapidly as a result of links with the English port of Liverpool in the 18th century. Further population growth came in the following century, resulting during the 1860s in a staged transfer of the High Courts, the Lieutenant Governor's residence, and finally the seat of the legislature, Tynwald, to Douglas from the ancient capital, Castletown. The town is the Island's main hub for business, finance, legal services, shipping, transport, shopping, and entertainment. The annual Isle of Man TT motorcycle races start and finish in Douglas. History Early history In the absence of any archaeological data, the origins of the town may be revealed by analysis of the origina ...
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Isle Of Man
) , anthem = "O Land of Our Birth" , image = Isle of Man by Sentinel-2.jpg , image_map = Europe-Isle_of_Man.svg , mapsize = , map_alt = Location of the Isle of Man in Europe , map_caption = Location of the Isle of Man (green) in Europe (dark grey) , subdivision_type = Sovereign state , subdivision_name = United Kingdom , established_title = Norse control , established_date = 9th century , established_title2 = Scottish control , established_date2 = 2 July 1266 , established_title3 = English control , established_date3 = 1399 , established_title4 = Revested into British Crown , established_date4 = 10 May 1765 , official_languages = , capital = Douglas , coordinates = , demonym = Manx; Manxman (plural, Manxmen); Manxwoman (plural, Manxwomen) , ethnic_groups = , ethnic_groups_year = 2021 , ethnic_groups_ref = Official census statistics provided by Statistics Isle of Man, Isle of Man Government: * * , religion = , religion_year = 2021 , relig ...
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Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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Starwood Capital Group
Starwood Capital Group is an investment firm headquartered in Miami Beach, Florida. It is managed by Barry Sternlicht. It was co-founded by Sternlicht and Robert Faith in 1991. In 1993, Faith left Starwood to found Greystar Real Estate Partners. History In 1991, at the age of 31, Sternlicht launched the firm to buy apartment buildings that were being sold by the Resolution Trust Corporation, created by the federal government to hold and liquidate the real estate assets owned by failed banks after the savings and loan crisis. Sternlicht raised $20 million from the families of William Bernard Ziff Jr. and Carter Burden of New York to fund these purchases. In 1993, the company contributed the apartment portfolio to Sam Zell's Equity Residential in exchange for a 20% stake in the company. In 1994, in partnership with Goldman Sachs, the company purchased Westin Hotels & Resorts in a $561 million transaction. In January 1995, Starwood purchased Hotel Investors Trust, an almost-bank ...
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Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprise the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of the Sarbanes–Oxley Act). By December 2005, over 270 foreign companies had been admitted ...
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Real Estate Investment Trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. Most countries' laws on REITs entitle a real estate company to pay less in corporation tax and capital gains tax. REITs have been criticised as enabling speculation on housing, and reducing housing affordability, without increasing finance for building. REITs can be publicly traded on major exchanges, publicly registered but non-listed, or private. The two main types of REITs are equity REITs and mortgage REITs (mREITs). In November 2014, equity REITs were recognized as a distinct asset class in the Global Industry Classification Standard by S&P Dow Jones Indices and MSCI. The key statistics to examine the financial position and operation of a REIT include n ...
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Entrance To Grand Arcade Shopping Centre, Wigan (1)
Entrance generally refers to the place of entering like a gate, door, or road or the permission to do so. Entrance may also refer to: * ''Entrance'' (album), a 1970 album by Edgar Winter * Entrance (display manager), a login manager for the X window manager * Entrance (liturgical), a kind of liturgical procession in the Eastern Orthodox tradition * Entrance (musician), born Guy Blakeslee * ''Entrance'' (film), a 2011 film * The Entrance, New South Wales, a suburb in Central Coast, New South Wales, Australia * "Entrance" (Dimmu Borgir song), from the 1997 album '' Enthrone Darkness Triumphant'' * Entry (cards), a card that wins a trick to which another player made the lead, as in the card game contract bridge * N-Trance, a British electronic music group formed in 1990 * University and college admissions * Entrance Hall * Entryway See also *Enter (other) *Entry (other) Entry may refer to: *Entry, West Virginia, an unincorporated community in the Unite ...
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Grand Arcade (Wigan)
The Grand Arcade is a shopping centre in the town centre of Wigan, England. Built in 2007, it consists of 39 retailers with a total annual footfall of 6.3 million people. It currently extends to , with units varying in size. The centre is owned and operated by RDI REIT, a property investment business. When built it was the UK's first carbon neutral shopping centre, and so produces net zero carbon dioxide emissions. The Grand Arcade houses a bronze statue of George Formby designed by Manx artist Amanda Barton, which was unveiled in 2007. History The construction of the mall started in 2005 at a cost of £120 million. It was built on the former site of The Ritz, an Art Moderne cinema open from 1968-1997, Wigan Central railway station and Wigan Casino, a nightclub which operated between 1973 and 1981 and was known widely for its northern soul music.
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Wigan
Wigan ( ) is a large town in Greater Manchester, England, on the River Douglas, Lancashire, River Douglas. The town is midway between the two cities of Manchester, to the south-east, and Liverpool, to the south-west. Bolton lies to the north-east and Warrington to the south. It is the largest settlement in the Metropolitan Borough of Wigan and is its administrative centre. The town has a population of 107,732 and the wider borough of 330,713. Wigan was formerly within the Historic counties of England, historic county of Lancashire. Wigan was in the territory of the Brigantes, an ancient Celtic tribe that ruled much of what is now northern England. The Brigantes were subjugated in the Roman conquest of Britain and the Roman settlement of ''Coccium'' was established where Wigan lies. Wigan was incorporated as a Borough status in the United Kingdom, borough in 1246, following the issue of a charter by Henry III of England, King Henry III of England. At the end of the Middle ...
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London Borough Of Harrow
The London Borough of Harrow () is a London borough in northwest London, England; it forms part of Outer London. It borders four other London boroughs Barnet to the east of ancient Watling Street (now the A5 road), Brent to the southeast, Ealing to the south and Hillingdon to the west plus the Hertfordshire districts of Three Rivers and Hertsmere to the north. The local authority is Harrow London Borough Council. The London borough was formed in 1965, based on boundaries that had been established in 1934. The borough is made up of three towns: Harrow, Pinner and Stanmore, but also includes western parts of Edgware. Administrative history The modern borough has its roots in three Ancient Parishes: Harrow on the Hill and the much smaller areas of Great Stanmore and Little Stanmore (also known as Whitchurch). These had consistent boundaries from the High Middle Ages down to the modern era. Pinner became independent of ''Harrow on the Hill'' in 1766 and the remaining area ...
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