Ninety One SA Proprietary Limited acquired 10.0985% stake in Redefine Properties Limited.

Redefine Properties Limited specializes in owning and managing real estate assets located primarily in South Africa. Income breaks down by type of assets as follows: - retail premises (34.7%); - offices (30%); - industrial sites (14.2%); - other (21.1%). At the end of August 2023, the group's portfolio, consisting of 250 assets with a total lettable area of 3,957,500 m2, amounted, in market value to ZAR 96.8 billion. South Africa accounts for 79.7% of revenue.