Redefine Properties has completed its maiden direct offshore property acquisition, obtaining a 50% share in the landmark Northpoint Tower located in North Sydney, Australia.

Shopping centre developers are beginning to change the layout of malls to cater for shoppers' changing habits.

Antoinette Coetzee, Retail Analyst at Redefine Properties is feeling somewhat upbeat about this year's festive season. 

Redefine Properties has announced it increased its R1 billion equity raise, through an accelerated bookbuild that opened this morning, to R1.3 billion following strong demand resulting in an oversubscription of 1.5 times.

Redefine Properties has announced that Robert Robinson has been appointed as an independent non-executive director to the Board of Directors of Redefine.

There was very little in the way of positive news for investors in South Africa's listed property sector for the week ended 9 November 2013 and the US jobs report of last Friday has placed the sector firmly on the back foot.

Redefine Properties today reported distribution growth of 7.3% to investors for the year ended 31 August 2013, outperforming expectations. Redefine’s net asset value increased by 8.6%.

Redefine Properties acquires an additional 139.782-million Fountainhead units from various unit-holders in return for 15.376-million Hyprop units.

It will probably take at least another 12-24 months before Redefine Properties achieves its ultimate goal of a full takeover of Fountainhead Property Trust’s R11,1bn portfolio.

Redefine Properties today announced its proposal to acquire up to an additional 250 million participatory units in Fountainhead Property Trust.