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JSE-listed diversified real estate investment trust Redefine Properties has sold its 22.8% stake in Delta Properties to a women-led BEE consortium in a R1.45 billion vendor funded transaction.

JSE-listed, internationally diversified real estate investment trust Redefine Properties (JSE: RDF) has completed a thorough review of its board and committee structures in order to align the Company with governance requirements and to accelerate transformation.

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

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