Redefine Properties (RDF) has acquired an additional 139.782-million Fountainhead (FPT) units from various unitholders in return for 15.376-million Hyprop units and now holds 61.7% of Fountainhead’s issued units‚ the company said on Monday.

Earlier in October Redefine advised it proposed acquiring up to an additional 250-million Fountainhead units in return for 110 Hyprop units for every 1‚000 Fountainhead units acquired by Redefine.

The impact of the acquisition on Redefine’s net asset value‚ net tangible asset value‚ distribution per unit‚ earnings and diluted earnings per unit and headline earnings and headline diluted earnings per unit was not significant - less than 3% - and therefore had not been disclosed‚ the company said.