Redefine is poised for growth after Polish acquisition

Indonesia Berita Berita

Redefine is poised for growth after Polish acquisition
Indonesia Berita Terbaru,Indonesia Berita utama

Takeover of EPP will enable expansion of its asset base and footprint, says CEO Andrew König 🔒

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...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Indonesia Berita Terbaru, Indonesia Berita utama

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