Latest news with #RedefineProperties
Eyewitness News
01-08-2025
- Business
- Eyewitness News
How Redefine and its tenants are shaping a greener future together
Redefine Properties 1 August 2025 | 7:51 Redefine Properties is rewriting the role of a property partner in South Africa by placing people, purpose and planet at the heart of everything we do. With sustainability rooted in collaboration, Redefine is leading the way towards a more sustainable, future-fit built environment: one green building, one partnership, at a time. 'A sustainable future isn't something we can achieve alone; it's something we build together.' - Ursula Mpakanyane, Head of ESG, Redefine Properties ESG: From a buzzword to a business ethosIn recent years, environmental, social and governance (ESG) principles have become a staple in the corporate world. Turning this concept into meaningful action is a trademark of responsible companies: • Environmental: Reduce carbon emissions, conserve water and energy, and manage waste • Social: Support the wellbeing of tenants, employees and communities • Governance: Entrenchment of our environmental goals through the adoption of green lease principles At Redefine, we aim to achieve these goals through collaboration and stakeholder partnerships, especially with our tenants. Purpose-built, people-powered 'ESG is embedded in every decision we make,' says Mpakanyane. 'We believe property is our commodity, but people are our business. That's why our mission is bold: to deliver the smartest and most sustainable spaces.' From a sustainability perspective, the proof is in the numbers - Green buildings are ±25% more energy efficient and ±17% more water efficientR15.6 billion issued in green funding- 129 Energy Performance Certificates obtained- 9 Net Zero Carbon Level 2 buildings, including Alice Lane, Convention Tower, and Ballyoaks Office Park that were achieved this year. - 62% of Redefine's SA portfolio is Green Star certified 'These buildings do more than perform well – they show what's possible when partners collaborate and share responsibility to achieve sustainability goals,' explains Mpakanyane. Green buildings deliver results According to the 2024 MSCI Green Index, Green Star certified Prime and A Grade offices delivered a 10.1% total return, outperforming non-certified assets by 120 basis points. Furthermore, sustainable real estate provides proven long-term value and resilience, having outperformed non-certified spaces by 28.2% since 2016. A future that works for all For Redefine, sustained green building success is a shared responsibility. We collaborate with our tenants to manage resources, increase efficiency, and support shared sustainability goals. Live the upside. Partner with Redefine to build with people for purpose. Contact us:
Yahoo
28-05-2025
- Business
- Yahoo
Investing in Redefine Properties (JSE:RDF) five years ago would have delivered you a 241% gain
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you can make far more than 100% on a really good stock. For example, the Redefine Properties Limited (JSE:RDF) share price has soared 105% in the last half decade. Most would be very happy with that. In the last week the share price is up 1.5%. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During the last half decade, Redefine Properties became profitable. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. Given that the company made a profit three years ago, but not five years ago, it is worth looking at the share price returns over the last three years, too. Indeed, the Redefine Properties share price has gained 4.8% in three years. In the same period, EPS is up 0.6% per year. This EPS growth is lower than the 1.6% average annual increase in the share price over three years. So one can reasonably conclude the market is more enthusiastic about the stock than it was three years ago. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). We know that Redefine Properties has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Redefine Properties, it has a TSR of 241% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that Redefine Properties has rewarded shareholders with a total shareholder return of 39% in the last twelve months. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 28% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for Redefine Properties (of which 1 is significant!) you should know about. But note: Redefine Properties may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on South African exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Zawya
05-03-2025
- Business
- Zawya
How sustainable office parks are reshaping South Africa's business landscape?
In an era of unprecedented environmental and operational challenges, South Africa's office parks stand at a critical juncture. Energy insecurity, water scarcity, and ageing municipal infrastructure are no longer distant concerns but immediate challenges that demand innovative solutions. Yet, within these challenges lies an opportunity to reimagine office parks as beacons of sustainability and operational resilience. Source: Supplied. Samantha Lambert, General Manager: Redefine Properties. The business imperative for sustainable office parks Sustainable office parks are no longer just an environmental consideration; they are a business imperative. Unreliable municipal power supply and recurring water shortages directly impact operational continuity and tenant satisfaction. Simultaneously, tenants and investors increasingly demand spaces that combine operational resilience with environmental responsibility. This convergence of operational necessity and stakeholder expectations is reshaping how we approach office park development and management. Black River Office Park in Cape Town's Observatory district exemplifies this transformation. The park's evolution has been accelerated by significant node activation, including Amazon's new head office development across the way. This strategic location, with its superior road infrastructure connecting to both northern and southern suburbs, has catalysed the area's development into what we envision as an emerging Century City-calibre node. Infrastructure that powers performance Leading sustainable office parks are distinguished by infrastructure investments that address both environmental impact and operational resilience: Renewable energy systems: Black River's solar fleet, with an installed capacity of 1,496 kWp supported by 5,715 panels, significantly reduces grid dependence while ensuring consistent power supply. Backup power solutions: A comprehensive backup generator system, coupled with a centralised power plant, ensures business continuity during grid interruptions – a critical feature that's no longer optional but essential for tenant operations. Water security measures: Strategic use of borehole water for refuse yards and irrigation supports water-wise landscaping, reducing municipal water dependence while maintaining attractive green spaces. These investments deliver measurable returns through reduced operating costs and enhanced tenant satisfaction. The park's near-full occupancy demonstrates the strong market demand for sustainable, resilient office space. The multi-tenant advantage: How diversity drives growth Sustainability extends beyond utility management to encompass how spaces support diverse business needs. Black River Office Park comprises 14 distinct buildings, each with its own identity, enabling a unique ecosystem where corporate offices and business process outsourcing (BPO) operations successfully coexist. As we've discovered, sustainable office parks must be flexible enough to accommodate varying density requirements while maintaining premium-grade standards. The park's design thoughtfully incorporates energy-efficient building systems alongside carefully planned green spaces that enhance both environmental performance and user wellbeing. Supporting amenities promote tenant productivity and satisfaction, while flexible spaces readily adapt to changing business needs. This approach has attracted a diverse tenant mix, including boutique gyms, award-winning salons, medical practices, and varied food offerings. As a result, it has created a vibrant, community-centric environment that supports approximately 2,000 employees, a number set to double with recent expansions. Collaboration: The key to sustainable success is collaboration Achieving meaningful sustainability requires close collaboration among REITs, tenants, and vendors. At Black River, this approach begins with tenants, working closely with them to optimise space utilisation and resource efficiency. Suppliers are engaged in sustainable procurement practices while maintaining strong partnerships with the City of Cape Town and CapeBPO to align with regional development goals. The Red Thread initiative exemplifies this collaborative spirit, repurposing materials from gutted buildings to benefit the community and demonstrate a commitment to circular economy principles. Smart design, smarter returns Modern technology plays a crucial role in maximising sustainable infrastructure performance. At Black River, we're investing in smart building systems for resource optimisation, complemented by advanced monitoring tools for energy and water consumption. Our commitment to continuous assessment of environmental performance drives strategic upgrades that maintain our premium-grade status. The planned redevelopment of Gate House, which anchors the entry point to Black River Park, illustrates our commitment to ongoing evolution. This project will enhance the building's exterior while maintaining its distinct character, demonstrating how sustainable design can complement heritage features. Market leadership through environmental excellence As South Africa continues to face environmental and infrastructure challenges, sustainable office parks will play an increasingly vital role in our business landscape. The success of Black River Office Park demonstrates that sustainability isn't just about environmental responsibility; it's about creating resilient, future-ready spaces that deliver lasting value for all stakeholders. Property owners and managers must take a long-term view, balancing immediate operational needs with future sustainability requirements. This means investing in robust infrastructure, fostering collaborative ecosystems, and maintaining unwavering commitment to continuous improvement. The future belongs to office parks that can adapt, evolve and thrive in the face of change. Embracing sustainable practices today not only protects our environment but also ensures the long-term viability of our assets. At the same time, it creates spaces where businesses can flourish for generations to come.
