Redefine’s industrial and retail assets outperform, office remains under pressure – Property Wheel
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Redefine’s industrial and retail assets outperform, office remains under pressure – Property Wheel
Redefine Properties has posted its financial results for the six months ended February 2025, reporting improved profitability across all regions, driven by higher occupancy levels and “disciplined cost management”. The REIT’s group-wide net operating profit margin rose to 76.9%, up from 76.5% in the comparable period, with SA at 79.1% and EPP core (Poland) at 77.2%. EPP’s core occupancy reached 99.2% while SA’s occupancy also showed steady impro…
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