Redefine Properties Limited has declared a final distribution of 17 cents per linked unit for the three months ended 31 August 2010
Redefine Properties Limited’s unitholders have voted in favour of the acquisition of an additional 19,7-million Hyprop units from Coronation Asset Management at R50 per unit
Redefine Properties Limited has received unconditional approval from the Competition Tribunal for the acquisition of Hyprop Investment Limited.
South Africans will have an opportunity to own properties in Germany and the UK by buying shares in Redefine International, which is expected to have an initial market capitalisation of R2,5bn.
Reserve Bank has granted approval for Redefine Properties to hold its interest in UK-based Ciref directly through a wholly owned South African subsidiary.
Redefine Properties says it will probably still be earning fees from Hyprop Investments after the termination of its consultancy agreement with the company.
The sudden resignation of Redefine Properties joint CEO and director Wolf Cesman for 'personal reasons' has caught the market off guard.
Redefine Properties Limited has concluded an agreement with Coronation Asset Management to acquire an additional 19,7-million units in Hyprop Investments Limited and is now canvassing minority shareholders
Redefine Properties has acquired a further 6 356 105 units in Hyprop, boosting its stake in the retail focused fund from 29,5% to 33,3%, valued at about R2,34-billion at current prices
Redefine Properties has announced a change in the board of directors, following its recent merger with ApexHi and Madison
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