Redefine is poised for growth after Polish acquisition
Takeover of EPP will enable expansion of its asset base and footprint, says CEO Andrew König
22 February 2022 - 20:00
JSE-listed Redefine Properties says it is well-positioned for sustained value creation and growth opportunities after the company’s takeover of Poland’s largest retail landlord, EPP, and the JSE delisting on March 8 of the acquisition.
Redefine bagged about R7.2bn in additional equity, adding about R19.7bn of total assets to its balance sheet, which equates to 19.8% of shares in issue for Redefine...
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