Redefine Properties, has acquired four A-grade buildings for R520m in its continuing strategy of buying properties located in core markets.

Redefine Properties has announced a distribution of 16,75 cents per linked unit for the quarter 1 September 2009 to 30 November 2009 .

Redefine Properties has increased its holding in Ciref, the AIM-listed property investment company, to 61% in a series of transactions.

Redefine Properties has outsourced its property management to a specialist property management company.

SA’s second-largest listed property group, Redefine Properties, is eyeing the European and Australian property markets from next year and plans to raise capital for acquisitions in these markets.

Those South African property watchers who are predicting significantly improved conditions in 2010 are by and large unrealistic, says Mike Flax, Executive Director of Redefine Properties

Redefine Properties, which since its merger with Apex-Hi and Madison Property Fund Managers, has become one of the top two JSE listed property owning companies in South Africa, is embarking on a move to reduce the number of properties

Redefine Income Fund has reported that its headline earnings per linked unit for the year ended August 2009 are at 60.31c compared to 19.01c reported in 2008.

Redefine Income Fund ,one of SA’s largest listed property companies, will from Monday appear on the Global Property Research 250 index joining nine other South African companies on the list.

Redefine Properties has acquired a further 6 356 105 units in Hyprop, boosting its stake in the retail focused fund from 29,5% to 33,3%, valued at about R2,34-billion at current prices