Our Journey


A story of growth

1999 - 2008

  • Redefine Income Fund was established in 1999 and listed in February 2000 with a market cap of R463 million and a R1.1 billion asset base.
  • Market cap had grown to R6.1 billion by 2008.

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2009

  • Redefine Income Fund, ApexHi and Madison merge to form Redefine Properties Limited.
  • Market cap increased to R19.3 billion

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2010

  • Redefine International listed on the JSE as part of a dual listing structure.
  • Market cap increased to R21.5 billion

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2011

  • Internalised property management to streamline business processes and to reduce costs.
  • Market cap of R22.3 billion

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2012

  • We're not Landlords. We're people. – We undertook a significant rebranding.
  • Acquired the Fountainhead Manco for R660 million.
  • Marcet cap of R26.6 billion

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2013

  • Acquired a controlling stake in Fountainhead and increased its holding in Cromwell to 12.5%.
  • Awarded the tender to develop new Webber Wentzel attorney offices in Sandton valued at approximately R1.1 billion.
  • Market cap of R30.2 billion

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2014

  • REIT status approved.
  • Redefine completed its maiden direct offshore property acquisition a 50% share in the landmark Northpoint Tower located in North Sydney, Australia.
  • Market cap of R36.4 billion

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2015

  • Secured th takeover of Fountainhead Property Trust's portfolio.
  • Acquired the Macsteel portfolio and the Leaf Capital portfolio.
  • Announced intention to make a 51% investment in Respublica for R200 million.
  • Market cap of R54.8 billion

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2016

  • Offer to acquire Pivotal advances local strategy.
  • The acquisition of EPP in Poland.
  • Market cap of R58.1 billion

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