African Stock Exchanges

RDF - Redefine Properties Limited

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RDF share price on Johannesburg Stock ExchangeRDF share price on Johannesburg Stock Exchange

Redefine is a leading South African-based Real Estate Investment Trust (REIT), invested in a diverse property asset platform valued at R89.2 billion (FY19: R95.4 billion). Redefine’s portfolio is anchored domestically in directly held retail, office and industrial properties, and is complemented by property investments in Poland, the United Kingdom (UK) and Australia.

Redefine’s purpose is to create and manage spaces in a way that changes lives, which requires more than a business as usual approach, it requires an integrated approach to sustain value creation for all stakeholders.

Redefine is listed on the Johannesburg Stock Exchange (JSE) and has a market capitalisation of R13.2 billion (FY19: R45.5 billion) as at 30 April 2020. By volume, Redefine shares are among the most actively traded on the JSE, making it a highly liquid single-entry point for investors to gain exposure to domestic and multiple international real estate markets.

Redefine’s diversified local property assets were valued at R71.3 billion (FY19: R72.8 billion). The Group’s international real estate investments, valued at R17.9 billion (FY19: R22.6 billion) represented 20.1% (FY19: 23.7%) of total property assets, providing geographic diversification into the Polish, UK and Australian markets.

Redefine Properties Ltd is a South African real estate investment trust primarily involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa....

Redefine Properties Limited is listed on the Johannesburg Stock Exchange (JSE). Redefine Properties is traded on the JSE under the ticker symbol “RDF”. The International Securities Identification Number (ISIN) of JSE:RDF is ZAE000190252. Redefine Properties Limited is currently the 61st most valuable stock on the JSE with a market capitalization of ZAR 28.1 billion, which makes about 0.151% of the Johannesburg Stock Exchange equity market.

RDF3.99 ▾ 0.01 (0.25%)
2 days ago
Last Trading Results
Opening Price
Day’s Low Price3.97
Day’s High Price4.01
Traded Volume11.8M
Number of Deals900
Gross Turnover47.1M
Growth & Valuation
Earnings Per Share0.2101
Price/Earning Ratio18.99
Dividend Per Share0.44
Dividend Yield11%
Shares Outstanding7.05B
Market Capitalization28.1B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

RDF Stock Market Performance

1WK4WK3MO
-3.16%-4.55%+15%
6MO1YRYTD
+10.2%+4.45%+3.64%

The current share price of Redefine Properties Limited (RDF) is ZAR 3.99. RDF closed its last trading day (Friday, March 1, 2024) at 3.99 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.2% drop from its previous closing price of 4.00 ZAR. Redefine Properties began the year with a share price of 3.85 ZAR and has since gained 3.64% on that price valuation, ranking it 88th on the JSE in terms of year-to-date performance.

Redefine Properties is the second most traded stock on the Johannesburg Stock Exchange over the past three months (Nov 30, 2023 - Mar 1, 2024). RDF has traded a total volume of 1.03 billion shares—in 82,262 deals—valued at ZAR 4.05 billion over the period, with an average of 16.4 million traded shares per session. A volume high of 56.1 million was achieved on December 6th, and a low of 4.01 million on January 16th, for the same period. The table below details the last 10 trading days of activity of Redefine Properties on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2024-03-0111,789,4983.99-0.01-0.25%
2024-02-2915,721,0854.00
2024-02-2815,113,9044.00-0.08-1.96%
2024-02-2733,286,0344.08-0.08-1.92%
2024-02-2615,553,6554.16+0.04+0.97%
2024-02-234,759,6484.12-0.01-0.24%
2024-02-229,618,4744.13+0.08+1.98%
2024-02-2110,502,9654.05+0.12+3.05%
2024-02-2025,274,2493.93-0.03-0.76%
2024-02-1930,496,1883.96

Profile of Redefine Properties Limited

Redefine Properties Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.

Factsheet of Redefine Properties Limited

Sector
Real Estate
Industry
Real Estate Investment Trust
Address
Rosebank Towers, Office Level 5, 19 Biermann Avenue, Rosebank, Johannesburg 2196, South Africa
Telephone
+27-11-283-0000

RDF Industrial Market Competitors

Redefine Properties Limited, issuers of the RDF stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

CodeNameM. Cap.CloseYTD
FFBFortress REIT Ltd18.1B16.60+134%
SSSStor-Age Prop REIT Ltd6.73B14.13+8.19%
SACSA Corp Real Estate Ltd6.31B2.51+8.19%
DIBDipula Income Fund B3.89B4.26+7.85%
RESResilient REIT Limited17.3B47.34+6.89%
NRLNewpark REIT Ltd480M4.80+6.67%
NRPNEPI Rockcastle Plc89B134.62+6.52%
VKEVukile Property Fund Ltd16.3B14.80+4.82%
LTELighthouse Capital Ltd14.1B7.70+4.76%
FTBFairvest Ltd B Shares5.38B3.60+4.65%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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