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Redefine FY17 distribution up 7% y/y

By:  
Creamer Media Senior Deputy Editor
 
FINANCIAL RESULTS
JSE-listed real estate investment trust (Reit) Redefine Properties on Monday posted a full-year distribution of 92c a share for the year ended August 31, representing year-on-year growth of 7%. The group’s distributable income in rand terms increased by 22.2% to R4.8-billion during the year under review.
 
 
 
 
 

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