South African investors are likely to make more money in offshore property markets next year than in their own backyards.

Redefine International today announced changes to its board that will strengthen it with significant financial and real estate experience, following its conversion to a UK Real Estate Investment Trust.

Redefine International completes the sale of the Lyon House and Equitable House sites in Harrow for GBP13.77m.

Redefine International completes the acquisition of the Weston Favell Shopping Centre for GBP84m.

Wednesday, 11 December 2013 08:12

Volatile bond yields dampen returns on property

JSE's R249bn listed property sector delivers a muted 7.3% total return for the first 11 months of this year, some way off the 17.92% achieved by the All Share index over the same time.

Redefine International P.L.C., which has a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange has commenced trading as a UK-REIT on both bourses today.

Thursday, 07 November 2013 13:39

Redefine International aims for UK-REIT status

Redefine International P.L.C., which is dual listed on the London and Johannesburg Stock Exchanges, announced that it intends converting to a UK-REIT and internalising its management function.

Redefine International today reported full year distributable income growth of 18% and a total shareholder return of 58,9% to shareholders for the year to 31 August 2013.

Redefine International completes its inward listing on the JSE’s main board.

Redefine International PLC, which is listed on the London Stock Exchange, will also list and begin trading on the main board of the JSE when the bourse opens on Monday 28 October 2013.

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