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October 29, 2007

20% increase in Redefine distributions - Redefine Income Fund

Redefine Income Fund's interest distributions to linked unitholders have grown by a noteworthy 20% from last year, substantially outperforming the sector.

The fourth largest JSE Limited listed property company today announced a distribution of 14.65 cents per linked unit for its final quarter, ended 31 August 2007. This, together with distributions of 36.6 cents per linked unit for the nine months ended 31 May 2007, gives a total distribution for the year of 51.25 cents per linked unit, which substantially increased from the 42.7 cents per linked unit for the previous year.


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Posted by StaffWriter at October 29, 2007 11:12 AM