Redefine achieves impressive tenant retention of 96% in the face of ongoing COVID-19 uncertainty
With the COVID-19 virus and related uncertainty continuing to weigh on businesses, Redefine Properties (JSE: RDF) has announced a 32% fall in its distributable income per share for the six months ended 29 February 2020 to 33.46 cents from 49.19 cents in the prior comparable period.
Redefine Properties bolsters retail with two appointments
Listed diversified real estate investment trust Redefine Properties (JSE: RDF) has appointed Nashil Chotoki as the National Asset Manager for Retail.
Fountainhead achieves 11% half year distribution growth
Fountainhead Property Trust today declared an interim distribution of 29 cents per unit for the six-month period to 28 February 2014, representing distribution growth of 11% from the first half last year.
Fountainhead Property Trust acquires landmark Robor building for R570m
Fountainhead Property Trust has agreed to acquire the prime industrial property belonging to Robor Pty Ltd at 233 Barbara Road, Elandsfontein, in Ekurhuleni east of Johannesburg, for R570.7 million.
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