South African’s Redefine Properties in Talks to Buy a Share of Cromwell

“None of those prposals are complete, either because fundamental commercial terms are still being discussed and/or due diligence has not been undertaken.”

“We confirm that there is no certainty that any transaction, whether a placement fo securities or otherwise, will occur and any possible transaction would be subject to all regulatory requirements.”

Redefine’s agressive growth model includes buying Australian commercial property assets, it is reported.

 

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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