Following the successful acquisition of Spearhead Property by the Madison-managed Redefine Income Fund, it has taken only ten weeks to put together the new nine-person Madison Property Fund Managers development team.
Redefine Income Fund (RDF) has announced a 16% increase in total distributions for the year ended 31 August 2006 of 42.7 cents per linked unit. This represents a total income and capital growth of 41% and a total return of 35%.
Redefine Income Fund (RDF) has announced a 16% increase in total distributions for the year ended 31 August 2006 of 42.7 cents per linked unit. This represents a total income and capital growth of 41% and a total return of 35%.
Nineteen buildings came under the hammer at the Auction Alliance multi-property sale in Rosebank last Wednesday, where 50% of the sales were confirmed at the drop of the hammer.