Monday, 12 November 2018 15:46

Park Central to shape Rosebank’s skyline

JSE-listed diversified real estate investment trust Redefine Properties’ 159 unit Park Central is racing towards the sky and is expected to be ready on schedule during Q2 2019.

Listed real estate investment trust (REIT) Redefine Properties (JSE: RDF) continues to weather challenging economic conditions by building a robust asset platform to sustain and nurture organic growth, both at home and abroad.

JSE listed diversified real estate investment trust (REIT) Redefine Properties won multiple accolades at the 2018 Footprint Marketing Awards helping put its Johannesburg based malls on the national stage.

ABSA Towers Main and Jewel City to be redeveloped and linked to Maboneng.

Listed real estate investment trust (REIT) Redefine Properties has appointed seasoned business and accounting expert Sindi Zilwa to its board with effect from 2 November 2018.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties’ (JSE: RDF) welcomed shoppers to the new revamped Benmore Centre, Sandton’s popular neighbourhood shopping destination when it officially opened during end August. Redefine had started work on the ZAR252 million refurbishment programme during late 2016 and was completed on schedule.

JSE listed diversified Real Estate Investment Trust (REIT) Redefine Properties remains firmly focused on delivering customised solutions in the industrial property sector despite constrained economic conditions.

JSE-listed diversified real estate investment trust Redefine Properties continues to expand into the exciting Polish market with the acquisition of a 95% share for €185.8 million (R2.9 billion) in a portfolio of nine operating logistics properties located throughout Poland.

The global sell-off of in emerging markets, an intractably weak domestic economy, an oversupply of business space, and a focus on the quality of earnings are all set to be major drivers of the SA REIT sector in the second half of 2018.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has been voted as the leader in corporate reporting in the property sector for the 2017 financial year.

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