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....
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 74th most valuable stock on the JSE with a market capitalization of ZAR 28.3 billion, which makes about 0.145% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 4.01 |
| Day’s High Price | 4.18 |
| Traded Volume | 23.7M |
| Number of Deals | 1,046 |
| Gross Turnover | 95.5M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.9463 |
| Price/Earning Ratio | 4.24 |
| Dividend Per Share | 0.84 |
| Dividend Yield | 21% |
| Shares Outstanding | 7.05B |
| Market Capitalization | 28.3B |
RDF Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -6.09% | -8.24% | -3.37% |
| 6MO | 1YR | YTD |
|---|---|---|
| -18.7% | -4.07% | -8.86% |
The current share price of Redefine Properties Limited (RDF) is ZAR 4.01. RDF closed its last trading day (Wednesday, May 25, 2022) at 4.01 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.4% drop from its previous closing price of 4.11 ZAR. Redefine Properties began the year with a share price of 4.40 ZAR but has since lost 8.86% off that price valuation, ranking it 257th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that RDF has lost 8% of the stock’s value from April 25th to date.
Redefine Properties is the #1 most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 21 - May 25, 2022). RDF has traded a total volume of 1.22 billion shares—in 60,037 deals—valued at ZAR 5.25 billion over the period, with an average of 19.4 million traded shares per session. A volume high of 83.2 million was achieved on March 1st, and a low of 4.81 million on April 8th, for the same period. The table below details the last 10 trading days of activity of Redefine Properties on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-05-25 | 23,714,260 | 4.01 | -0.10 | -2.43% |
| 2022-05-24 | 17,053,593 | 4.11 | -0.05 | -1.20% |
| 2022-05-23 | 12,826,632 | 4.16 | +0.03 | +0.73% |
| 2022-05-20 | 5,391,492 | 4.13 | -0.07 | -1.67% |
| 2022-05-19 | 11,754,989 | 4.20 | -0.07 | -1.64% |
| 2022-05-18 | 11,440,141 | 4.27 | ||
| 2022-05-17 | 51,576,999 | 4.27 | -0.03 | -0.70% |
| 2022-05-16 | 9,574,629 | 4.30 | +0.04 | +0.94% |
| 2022-05-13 | 12,373,743 | 4.26 | +0.09 | +2.16% |
| 2022-05-12 | 16,598,847 | 4.17 |
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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| APO | aReit Prop Ltd | 749M | 7.49 | +24.8% |
| FFB | Fortress REIT Ltd B | 8.8B | 3.85 | +18.5% |
| DKR | Deutsche Konsum REIT-AG | 854M | 24.28 | +18.4% |
| DIA | Dipula Income Fund A | 5.24B | 9.90 | +10.5% |
| TDH | Tradehold Ltd | 3.03B | 11.61 | +10.1% |
| DIB | Dipula Income Fund B | 2.32B | 4.39 | +9.75% |
| IAP | Investec Australia Property Fund | 14B | 20.71 | +7.75% |
| VKE | Vukile Property Fund Ltd | 12.5B | 12.80 | +3.48% |
| GTC | Globe Trade Centre S.A. | 11.5B | 20.00 | |
| EXP | Exemplar REITail Ltd | 3.19B | 9.60 |