Johannesburg – Redefine Properties [JSE:RDF] said on Tuesday
it planned to raise R500m by issuing new Redefine-linked units to SA
institutional investors.
The proceeds will be used to acquire property and reduce
debt‚ the property fund said.
Redefine shares fell 1.73% at R8.50.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.