Redefine has a diversified portfolio, with exposure both locally and abroad.
We continue to invest in well-located properties that are high value, high quality and are more efficient, with a focus on blue-chip tenants to improve efficiency and to secure growth in rentals – all of which result in an improved cash flow.
Our local strategy
Locally, our investment strategy is to continue expansion across traditional sectors by developing vacant land in under-represented areas, with an emphasis on portfolio improvement by acquiring, expanding, protecting and adding value through redevelopments. We manage our assets actively and efficiently, focusing on maintaining good relationships with our tenants and keeping abreast of their needs.
Strategy: Continued focus on portfolio quality
RECYCLING of secondary assets exceeded acquisitions during 2016
Contribution to distribution: 74.2%
Contribution to property assets: 76.8%
Number of local properties
Local geographic spread by value(%)
Local sectoral spread by value(%)
Our international investment strategy is centred on geographic diversification and taking advantage of positive initial yield spreads. We concentrate on capturing development and asset management opportunities to counter low growth rates locally.
Europe (Germany and Poland)
77% RETAIL | 23% OFFICES
Contribution to distribution: 2.9%
Contribution to property assets: 7.0%
35% RETAIL | 33% OFFICES | 24% HOTELS | 8% INDUSTRIAL
Contribution to distribution: 8.6%
Contribution to property assets: 7.5%
3% RETAIL | 97% OFFICES
Contribution to distribution: 14.3%
Contribution to property assets: 8.7%