This JSE listed property loan stock has a hybrid structure with investment in 77 directly-held properties spanning 565,000m² valued at R2,1 billion and investments in five listed property companies, valued at R1,5 billion.

Furthermore Redefine’s vacancy factor in its directly owned property portfolio has improved to a record 2,6% across its entire property portfolio, including office, retail and industrial premises. Its lease expiry profile also exceeds the sector benchmarks with 69% of all Redefine’s leases expiring in 2008 and beyond.