Norton Rose Fulbright has acted for Peel Hunt as sponsor and for Peel Hunt and J.P Morgan Cazenove as joint bookrunners on a placing by Redefine International plc which raised gross proceeds of approximately £115 million to finance the acquisition of the second tranche of a property portfolio.

The placing occurred in both the UK and in South Africa.

Redefine International plc is a FTSE 250 income focused UK REIT and is listed on the London Stock Exchange.

The team was led in London by corporate partner Mark Lloyd Williams assisted by senior associate Christopher McCarthy, associate Georgina Short and trainee Ben Foster. Senior associate Andrew Roycroft provided tax advice and associate Amy Reed advised on US law aspects of the deal.

Mark Lloyd Williams commented: “We are pleased to have advised Peel Hunt and J.P. Morgan Cazenove on this placing which will enable Redefine International to further expand its business.”