Echo Polska Properties (EPP), in which South Africa’s Redefine Properties (JSE: RDF) holds a strategic 49.9% investment, lists on the JSE in September during a particularly exciting time for real estate in Poland.

Echo Polska Properties (EPP), in which South Africa’s Redefine Properties (JSE: RDF) holds a strategic 49.9% stake, is aiming to list on the Luxembourg Stock Exchange (LuxSE) in August 2016 followed by a listing on the Johannesburg Stock Exchange (JSE) in September 2016.

Redefine Properties raised R1,5 billion yesterday through the placing of 133,333,334 new shares at a price of R11.25 per share, through an accelerated book build, which was well over subscribed.

Today Redefine Properties has fulfilled all of the conditions necessary to finalise its 75% plus one share investment into a 1.2 billion Euro high-yielding commercial platform comprising 18 properties in the Polish market.

Redefine Properties (JSE: RDF) has reported a 6.9% increase to 41.7 cents a share in the distribution for the six months to end February 2016.

The country’s third-largest real estate investment trust singles out 2014 as “a milestone year” for its development team.

Redefine has appointed Scott Thorburn as General Manager for the company’s inland property portfolio.

The SA REIT Conference is again proving to be the gathering place for the sharpest minds in property, finance and investment, and an exciting platform for debate and interaction.

Redefine Properties has appointed Antoinette Coetzee to the position of Retail Asset Manager.

Redefine Properties' full-year results released today reflect the company' strong growth trajectory for the year ended 31 August 2015, backed by a solid financial performance and underpinned by a dynamic, future-focused strategy.