Marc Wainer served as the Chief Executive Officer at Redefine Properties Limited until August 1st 2014.
Hot on the heels of the Leaf portfolio acquisition, Redefine announced it has acquired a portfolio of 56 retail properties in Germany, in an equal joint venture with Redefine International.
Redefine secures R4.1 billion Leaf Capital property portfolio acquisition; substantially enhancing Western Cape office portfolio.
Liberty Group says Nelson Mandela Square will undergo major refurbishment for the first time in 20 years.
Redefine Properties today announced a restructuring and re-alignment of its board of directors and executive management.
Fountainhead Property Trust has agreed to sell to Redefine Properties all of its assets, including the Fountainhead property portfolio, in exchange for 82 Redefine shares for every 100 Fountainhead units held.
Redefine gets the green light on Annuity deal
Redefine Properties has delivered an 8% increase in its distribution per unit to 36.40c in the six months to February compared with the year-earlier period.
Smaller property funds are finding it difficult to compete in making acquisitions because of the increased cost of funding, this makes them targets for takeover by larger rivals.
Redefine and Annuity Properties informed the market that they have agreed that Redefine will acquire the entire issue capital of Annuity by way of a scheme of arrangement, and Annuity's asset and property management companies.
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