Kaya 959 Kaya Biz

Mall of the South owner Redefine reports solid results.

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GUEST – Ntobeko Nyawo, Redefine’s CFO

Real-estate investment trust (Reit) Redefine Properties increased distributable income in the first half by 6.1% to R1.7bn and declared a dividend of 20.27c per share for the six months yo end-February.

Redefine owns retail, industrial, office, logistics and self-storage space in SA and Poland. At the end of February, its property assets under management were valued at R100.4bn.
6 May 2024 6PM English South Africa Business News · Investing

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