RDF - Redefine Properties Limited
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). Redefineâs 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.
Redefineâs 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.
Redefineâs diversified local property assets were valued at R71.3 billion (FY19: R72.8 billion). The Groupâs 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....
| Live Trading Feed | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | 2.58 | Earnings Per Share: | 0.2225 |
| Day's Low Price: | 2.56 | Price/Earning Ratio: | 11.60 |
| Day's High Price: | 2.61 | Dividend Per Share: | 0.48 |
| Traded Volume: | 387,808 | Dividend Yield: | 18.6% |
| Number of Deals: | 27 | Shares Outstanding: | 5.79b |
| Value/Turnover: | 1.00m | Market Capitalization: | 14.95b |
RDF Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| +10.73% | +25.85% | +0.39% | +25.24% | -68.57% | -65.87% |
The current share price of Redefine Properties Limited (RDF) is ZAR 2.58. The RDF stock closed its last trading day (Thursday, November 26, 2020) at 2.58 ZAR per share on the Johannesburg Stock Exchange, recording a 1.53% drop from its previous closing price of 2.62 ZAR. RDF began the year with a share price of 7.56 ZAR but has since lost 65.87% off that price valuation, ranking it 423rd on the JSE in terms of year-to-date performance. Shareholders' fears may be allayed by the 25.85% increase of RDF share price in recent weeks - since October 29. The table below details the last 10 trading days of activity of Redefine Properties Limited on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2020-11-26 | 26,773,847 | 2.58 | -0.04 | 1.53% |
| 2020-11-25 | 25,507,387 | 2.62 | +0.13 | 5.22% |
| 2020-11-24 | 12,709,526 | 2.49 | +0.24 | 10.67% |
| 2020-11-23 | 33,791,576 | 2.25 | -0.03 | 1.32% |
| 2020-11-20 | 20,644,215 | 2.28 | -0.05 | 2.15% |
| 2020-11-19 | 76,520,703 | 2.33 | +0.01 | 0.43% |
| 2020-11-18 | 53,273,747 | 2.32 | +0.15 | 6.91% |
| 2020-11-17 | 21,199,151 | 2.17 | -0.01 | 0.46% |
| 2020-11-16 | 65,524,030 | 2.18 | +0.05 | 2.35% |
| 2020-11-13 | 27,347,409 | 2.13 | -- | -- |
Profile of Redefine Properties Limited
Redefine Properties Limited operates in the Financials sector, specifically, the Real Estate Investment industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
| Factsheet of Redefine Properties Limited | |
|---|---|
| Sector: Financials | Industry: Real Estate Investment |
| Address: Rosebank Towers, Office Level 5, 19 Biermann Avenue, Rosebank, Johannesburg 2196, South Africa | |
| Telephone: +27-11-283-0000 | |
| Email: investorenquiries@redefine.co.za | Website: www.redefine.co.za |
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 Financials sector and/or the Real Estate Investment industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| CRP | Capital & Regional Plc | 1.25b | 11.15 | +108.4% |
| RAV | Raven Property Group Ltd | 5.56b | 9.50 | +21.8% |
| SRE | Sirius Real Estate Ltd | 19.31b | 18.47 | +15.4% |
| STP | Stenprop Limited | 8.19b | 27.40 | +12.8% |
| BWN | Balwin Properties Ltd | 1.90b | 4.02 | +8.94% |
| EXP | Exemplar REITail Ltd | 3.12b | 9.60 | +6.67% |
| HET | Heriot REIT Limited | 2.95b | 11.50 | +4.55% |
| IAP | Investec Australia Property Fund | 9.10b | 14.89 | +1.57% |
| CVW | Castleview Property Fund Limited | 176.32m | 5.00 | +0.00% |
| FDP | Freedom Prop Fund Ltd | 72.48m | 0.07 | +0.00% |