Sector: Financials
The company is available at Interactive Brokers
Redefine (JSE:RDF) is a leading South African-based, internally managed Real Estate Investment Trust (REIT), with the primary goal of growing and improving cash flow to deliver quality earnings that will underpin growth in distributions and sustained value creation for all stakeholders.
Property is Redefine's commodity, but people are its business. Redefine believes that to create sustained value, it must do it from a place of purpose. From its purpose and values to its interactions with stakeholders 2013 how the company conducts itself daily is what sets it apart. The company believes that it is its unique and focused approach to relationships that enables it to create and sustain meaningful value for its stakeholders.
The company has identified five strategic matters that enable an integrated approach to creating sustained value for its stakeholders. They are the critical levers that have the potential to impact its ability to create value for the short, medium and long term - operate efficiently, invest strategically, optimise capital, engage talent and grow reputation.
Semi-Annual values ($m)
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Potential dynamics
Green buildings are increasingly in demand in the face of concerns around Eskom’s ability to supply power.
2019-05-20 06:04 +02:00
South Africa`s Redefine Properties has completed a round of major asset disposals aimed at propping up its balance sheet and will now focus on growing its portfolio, its CEO said on Monday after it reported a 16% jump in full-year earnings.
2022-11-07Recent unrest in South Africa damaged hundreds of businesses but property developers and retailers say they remain committed to the fast-growing consumer markets of its predominantly Black townships.
2021-07-29JSE:SHP JSE:N91 JSE:RDF JSE:AVI JSE:NY1 JSE:VKE JSE:MSM JSE:MPT JSE:ARH JSE:SFN JSE:ISA
* New logistics developments of 173,240 square metres in Poland
2021-05-17South Africa`s rand weakened early on Monday as fears of a new wave of COVID-19 infections in Asia dampened demand for emerging market currencies.
2021-05-17
South Africa`s Redefine Properties reported a 62.7% decline in half-year headline earnings on Monday, due to asset sales and further rental relief to financially distressed tenants and said that it may pay a dividend.
2021-05-17
South Africa`s Investec Property Fund (IPF) said on Wednesday it expects retailer Edcon`s decision to seek bankruptcy protection to have a limited impact on its business.
2020-05-06JSE:INP JSE:RDF JSE:INL JSE:AVI JSE:IPF JSE:MPT JSE:L2D JSE:HUG
South Africa`s Edcon has secured 2.7 billion rand ($191 million) in new cash and rent deductions as part of a plan to recapitalise the struggling department store chain.
2019-03-01U.S. shared workspace provider WeWork plans to launch in South African later this year, it said on Thursday, a move that would mark the first African expansion for the $47 billion New York-based company.
2019-02-07
