Redefine Properties' prolonged effort to take over Fountainhead Property Trust collapses after the company failed to win over enough shareholder support.

Continuing its strategic growth, Dipula Income Fund today announced it will acquire a portfolio of six rental income producing retail properties from Redefine Properties for R425 million.

Redefine Properties acquires Macsteel property portfolio for R2.7bn in cash.

Redefine's R1bn super regional Matlosana Mall in Klerksdorp will open its doors in October and is expected to serve as a development catalyst for the surrounding area. 

Redefine CEO Andrew Konig talks about new role at helm of group‚ plans to grow and diversify property portfolio and company's approach to acquisitions.

Redefine Properties today announced a restructuring and re-alignment of its board of directors and executive management.

Fountainhead Property Trust has agreed to sell to Redefine Properties all of its assets, including the Fountainhead property portfolio, in exchange for 82 Redefine shares for every 100 Fountainhead units held.

Rebosis Property Fund is in 'no rush' to decide on a full takeover of the company after a three-way merger collapsed.

Wednesday, 25 June 2014 14:15

Fountainhead to dispose of 27 properties

Fountainhead Property Trust, which is managed and 66% owned by Redefine Properties, this week released 27 of its relatively smaller properties to the market.

Redefine gets the green light on Annuity deal

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