Redefine Properties linked unitholders have approved the unbundling of Arrowhead Properties Limited units to Redefine linked unitholders.

Redefine is making significant progress on both the acquisition and disposal front in implementing its portfolio repositioning strategy but this could be initially expensive

In line with it’s strategy of restructuring and improving the quality of it’s core property portfolio, Redefine Properties Limited (“Redefine”) has concluded various agreements

The reappointed CEO of JSE-listed Hyprop, Pieter Prinsloo, has been asked to steer a mamoth R20bn retail-focused property fund.

Hyprop’s acquisition of Attfund Retail was approved by Hyprop shareholders at a general meeting held on 13 May 2011

Cape property entrepreneur Stuart Chait has sold his interests in trendy Jo’burg work, live, play and shop precinct Melrose Arch to co-owner Amdec in a lucrative deal.

The merger of ApexHi and Madison into Redefine in August 2009 was meant to create a flagship SA property fund.

Redefine Properties Limited has announced the appointment of executive director, David Rice as chief operating officer (COO) of the company and the resignation of Mike Flax and Brian Azizollahoff as executive directors

Redefine unitholders passed a resolution to change the frequency of income distributions from quarterly distributions to semi-annual distributions in respect of the six months ending February and August of each financial year

Redefine Properties Limited has signed an agreement to acquire two quality office properties in Sandton for R500-million from Bakos Brothers