Standard Bank Group Limited acquired an unknown additional 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.