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 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.

RDF4.01 ▾ 0.10 (2.43%)
1 hour ago
Last Trading Results
Opening Price
Day’s Low Price4.01
Day’s High Price4.18
Traded Volume23.7M
Number of Deals1,046
Gross Turnover95.5M
Growth & Valuation
Earnings Per Share0.9463
Price/Earning Ratio4.24
Dividend Per Share0.84
Dividend Yield21%
Shares Outstanding7.05B
Market Capitalization28.3B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

RDF Stock Market Performance

1WK4WK3MO
-6.09%-8.24%-3.37%
6MO1YRYTD
-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.

DateVolumeCloseChangeChange%
2022-05-2523,714,2604.01-0.10-2.43%
2022-05-2417,053,5934.11-0.05-1.20%
2022-05-2312,826,6324.16+0.03+0.73%
2022-05-205,391,4924.13-0.07-1.67%
2022-05-1911,754,9894.20-0.07-1.64%
2022-05-1811,440,1414.27
2022-05-1751,576,9994.27-0.03-0.70%
2022-05-169,574,6294.30+0.04+0.94%
2022-05-1312,373,7434.26+0.09+2.16%
2022-05-1216,598,8474.17

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.

CodeNameM. Cap.CloseYTD
APOaReit Prop Ltd749M7.49+24.8%
FFBFortress REIT Ltd B8.8B3.85+18.5%
DKRDeutsche Konsum REIT-AG854M24.28+18.4%
DIADipula Income Fund A5.24B9.90+10.5%
TDHTradehold Ltd3.03B11.61+10.1%
DIBDipula Income Fund B2.32B4.39+9.75%
IAPInvestec Australia Property Fund14B20.71+7.75%
VKEVukile Property Fund Ltd12.5B12.80+3.48%
GTCGlobe Trade Centre S.A.11.5B20.00
EXPExemplar REITail Ltd3.19B9.60

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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