The argument has often been made that the reason the SA listed property sector has delivered good returns over time, apart from a declining yield environment, is primarily due to its predictable and growing income stream.

Redefine International, the opportunistic income focused FTSE 250 UK-REIT, is pleased to announce that it has successfully completed on the acquisition of the second tranche of the Aegon UK (“AUK”) portfolio for a purchase price of GBP204.7 million (GBP213.2 million including costs).

Redefine International announces its potential placing to raise minimum proceeds of £100 million.

According to Catalyst Fund Managers, the SA Listed Property Index (SAPY) recorded a negative total return (-6.12%) for the month ended 31 December 2015.

Sunday, 13 December 2015 13:17

Listed property shows signs of flagging

There are signs that the South African listed property sector's strong run is ending.

Catalyst Fund Managers notes offshore counters looking to take advantage of South African investors’ appetite for offshore exposure with UK-focused specialist REIT Capital and Regional and International Hotel Group completing secondary listing’s on the JSE main board and AltX respectively. 

South Africa’s top rated Green Star SA buildings and leading green building professionals were announced in the Green Star SA Leadership Awards 2015 at the annual Green Building Convention in Cape Town.

Investors looking for exposure to UK real estate have two more options to choose from after the listing of Redefine International spin-off International Hotel Group and mall owner Capital & Regional.

Redefine International CEO Mike Watters believes the refocusing of the group's strategy to invest only in Germany and the UK has made its 2015 financial year a success.

Redefine International, the FTSE 250 income focused UK Real Estate Investment Trust, announces that it is has acquired a 25.35% shareholding in the International Hotel Group Limited for c. £3.8million.

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