Redefine Income Fund acquires prime Nelspruit retail property
Redefine Income Fund has acquired Riverside Value Mart in Nelspruit for R37,5 million at a forward yield of 12%.
Redefine Income Fund odd-lot offer achieves objectives
Redefine Income Fund announced the results of its odd-lot offer today.
A different kettle of fish
Property funds are different from most listed companies.
Hyprop, Redefine team up for coastal venture
Listed property loan stock heavyweights Hyprop Investments and Redefine Income Fund are for the first time collaborating on a shopping centre development on the south coast of KwaZulu-Natal.
Redefine buys office, industrial properties
Listed property loan stock company Redefine Income Fund said yesterday that it had purchased nine properties with long leases from the Collins Property Group for R252,5m at a forward yield of 10,7%.
Redefine purchases portfolio of 9 prime buildings for R252,5 million
Redefine Income Fund has acquired a portfolio of 9 properties from Collins Property Group for R252,5 million, at a forward yield of 10.7%
Unitholders give the green light for acquisition
Monday, 11 October 2004: Redefine Income Fund's purchase of 14 270 m2 Alexander Forbes building at 90 Rivonia Road, Sandton for R113 million was approved by unitholders today.
Redefine Income Fund sets "odd-lot" offer in motion
Monday, 11 October 2004: Redefine Income Fund's unitholders today approved the listed property fund's previously announced "odd-lot" offer.
Rental levels, lower rates lift Redefine
Listed property loan stock company Redefine Income Fund reported solid financial results yesterday, announcing a 7,56% increase in distributions to unitholders for the year ended August .
Redefine Income Fund annual results
Redefine announced a total interest distribution for its financial year ended 31 August 2004 of 32 cents per linked unit, exceeding forecast and representing a 7.56% increase in distributions from the previous year.
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