Redefine Properties Ltd 2021 IR
The report outlines Redefine Properties' strategic progress and financial performance for the fiscal year 2021. Key highlights include a reduction in the loan-to-value (LTV) ratio from 47.9% to 41.6% through a successful non-core asset disposal programme that realized R5.0 billion. The company also launched its first sustainability-linked bond of R1 billion, linking funding costs to ESG targets. Operationally, Redefine improved its active portfolio occupancy to 92.9% and increased its Green Star SA certified buildings to 123. Furthermore, the company established its 10-year 'moonshot' vision to deliver smart and sustainable spaces by 2031.
Company: Redefine Properties Ltd
Sector: Real Estate
Country: South Africa
Year: 2021
Type: IR
Pages: 65
Redefine Properties Ltd
Integrated Report
The report outlines Redefine Properties' strategic progress and financial performance for the fiscal year 2021. Key highlights include a reduction in the loan-to-value (LTV) ratio from 47.9% to 41.6% through a successful non-core asset disposal programme that realized R5.0 billion. The company also launched its first sustainability-linked bond of R1 billion, linking funding costs to ESG targets. Operationally, Redefine improved its active portfolio occupancy to 92.9% and increased its Green Star SA certified buildings to 123. Furthermore, the company established its 10-year 'moonshot' vision to deliver smart and sustainable spaces by 2031.
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Document Details
Report Year
2021
Reporting Period
Sep 1, 2020 - Aug 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Net Zero Target
Employees