Andrew Konig

Redefine Properties interim income grows 4%

Redefine Properties (JSE: RDF) which said last week that Sipho Pityana had replaced Marc Wainer as its chair, today reported that it had increased its interim distribution below inflation by 4 per cent to 49.2 cents

Redefine Properties acknowledges tough operating environment

Redefine Properties (JSE: RDF) shrugged off a sluggish economic recovery to increase its full year distribution by 5.5% and to grow its net asset value by 5.9% in the 2018 financial year.

Redefine Properties responds to Transformation calls

Redefine Properties, SA's second-largest real estate investment trust, has sold its 22.8% stake in Delta Properties to a women-led empowerment consortium in a R1.45bn vendor-funded transaction.

Shareholders back Redefine-Pivotal acquisition worth R11.8 billion

Redefine Properties (JSE: RDF), the JSE-listed internationally diversified real estate investment trust, has won overwhelming shareholder support in its takeover of property developer and capital growth fund Pivotal (JSE: PIV).

Redefine Properties to capitalize on Student Accommodation

The popularity of the student housing market has grown steadily, attracting JSE-listed funds that have traditionally invested in office, retail, hotel and industrial properties.

Redefine Properties strikes in ‘friendly’ bid for rest of The Pivotal Fund

REDEFINE Properties (JSE: RDF) confirmed Tuesday that it will buy The Pivotal Fund (JSE: PIV) in a share swap deal valued at about 6 billion rand ($425 million).

Redefine Properties posts 6.9% distribution growth

Redefine Properties (JSE: RDF) has reported a 6.9% increase to 41.7 cents a share in the distribution for the six months to end February 2016.

Property owners battle Gauteng office vacancies

Economic slowdown is being reflected in Gauteng’s office rental sector, with landlords struggling to fill once-popular buildings.

Sub-Saharan Africa Affordable housing in great demand

The Minister of Finance, Nhlanhla Nene addressed a conference about affordable housing which took place in Johannesburg last week, saying that the public and private sectors needed to work closer together in addressing the development of sufficient low-cost housing to meet tremendous market demand.

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