Fortress is expected this week to make a firm offer to Capital Property Fund’s shareholders to take over the fund after expressing an interest in a takeover since May.

Redefine Properties’ drawn-out battle to acquire Fountainhead Property Trust is nearing its end.

Shareholders of Redefine Properties, one of the country’s largest listed property companies, have approved the establishment of an Empowerment Trust - a move that will materially bolster its BBBEE credentials.

Redefine Properties breaking the mould with innovative series of new commercial building developments.

Redefine International completed the first part of the refinancing related to the €156.8m German retail property portfolio acquired in a 50/50 joint venture with Redefine Properties.

Phumzile Langeni has been appointed as an independent non-executive director to the board of directors of Redefine with effect from 6 May 2015. 

Redefine Properties today reported distribution growth of 7.1% to 39 cents per share for the half year to 28 February 2015, delivering on its market guidance.

Redefine acquires Leaf Capital office portfolio trophy assets to transform valuable Western Cape portfolio

Redefine Properties, SA’s third biggest real estate investment trust, hopes the takeover of Fountainhead Property Trust will be finalised by August.

When Redefine Properties unexpectedly announced in August last year that founder Marc Wainer would step down as CE, shareholders no doubt had a few sleepless nights.