Here are some of the latest properties we've acquired:
S&J Land comprises a 160 hectare (1.6 million m²) prime industrial parcel of land located in Germiston, Johannesburg. Redefine entered into a JV with Pivotal and Abland whereby Redefine owns a 45% portion of the land. The land is earmarked for an industrial precinct and will be serviced and developed in phases, based on demand.
Stoneridge Shopping Centre is a 51 917 m² open-air lifestyle shopping centre located in Edenvale, Johannesburg. The centre consists of a range of restaurants, speciality retailers, wholesalers and family entertainment venues. It is anchored by SuperSpar, Fruit & Veg Food Lover's Market, Hi-Fi Corporation and a Virgin Active Gym, and houses more than 90 retail and leisure outlets. Redefine acquired the Stoneridge Shopping Centre from Hyprop Investments.
Respublica (Pty) Ltd is a South African company that develops, owns and manages student accommodation. The company currently owns and manages four student residences with a total of 2 734 beds. This transaction involves the transfer of Respublica’s existing portfolio into a new entity, and the acquisition of a 51% shareholding thereof by Redefine. The management of the properties and the development of new assets will continue to be the responsibility of Respublica.