Total distributions for the nine months to May 13 are 36.6 cents per linked unit, an increase of 16.19%

Redefine Income Fund Limited, the fourth largest South African property company listed on the JSE Limited, today declared a distribution of 12.6 cents per linked unit for the three months to 31 May 2007, representing an increase of 18.87% over the 10.6 cents paid in the third quarter of 2006

The Property Loan Stock Association (PLSA) will be hosting its first-ever management, REITs REALITY – towards a REIT environment in South Africa – on 16th and 17th August at the Sandton Convention centre.

SA’s listed property index produced a total return of 6,33% last month, bringing the year-to-date return to 30,17%, says the latest monthly listed property sector overview from Catalyst Securities.

Redefine Income Fund has further decreased its holdings in listed property securities, disposing of its entire investment in Resilient Property Income Fund, Freestone Property Fund and Spearhead Property Group.