Redefine Properties Limited (Redefine) is a South African-based Real Estate Investment Trust (REIT) focused on providing quality earnings and underpinning growth to create sustained value for its stakeholders. With property as their commodity and people as their business, Redefine's purpose-driven strategy and well-diversified property asset platform positions them well to weather the current prevailing conditions. As of December 4, 2006, Redefine's property portfolio comprised 109 properties and eight listed securities counters, and 808,000 square metres of land. Through a variety of subsidiaries such as Outward Investments (Pty) Ltd and Spearhead Property Holdings Ltd, the company derives income from direct property ownership, investment in other listed security investments, rental revenue from commercial, industrial and retail properties, as well as distribution income from projects developed for trading. Redefine is committed to creating meaningful value through meaningful relationships with its stakeholders in order to create lasting value.