https://www.engineeringnews.co.za

Redefine Properties makes JSE Top 40 index

4th September 2015

By: News24Wire

  

Font size: - +

Redefine Properties will for the first time be included in the FTSE/JSE Top 40 index, making it one of the 40 largest listed companies in South Africa by market capitalisation. 

Redefine’s inclusion in the Top 40 was announced by the Johannesburg Stock Exchange on Wednesday evening and will take effect from September 21.

For Redefine, inclusion in the Top 40 is a significant milestone in its 15th year of listing. The company said on Thursday that this demonstrates its growth in recent years.

"Being included in the Top 40 transforms the investment profile of Redefine, which already has a broad spread of local and international investors," said Andrew Konig, CEO of Redefine.

"We are thrilled with this latest development as it is testimony of the growth and diversification strategy of the company – a process embarked upon some time back.

Inclusion in the Top 40 strongly positions us to access capital to continue our expansion strategies and is part of our journey to becoming the best South African Real Estate Investment Trust.”

News24.com

Edited by News24Wire

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

SafeQuip
SafeQuip

SafeQuip is a leading distributor and manufacturer of fire safety solutions, offering a comprehensive range of products designed to meet all...

VISIT SHOWROOM 
The Beneficiation Academy
The Beneficiation Academy

The Beneficiation Academy is a certified training institution that follows all compliance legislation and is accredited with various Sector...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.049 1.264s - 122pq - 2rq
Subscribe Now