Redefine set to report distributable income growth at upper end of guidance, focuses on disciplined capital allocation

Real estate investment trust Redefine Properties has said its improving property fundamentals are translating into a tighter guidance of 6.5% to 7% growth in distributable income per share for this year, despite continued macroeconomic volatility. With distributable income growth expected to be at the upper end of guidance for this financial year, Redefine noted during a capital markets day on August 26 that it believes the combination of disciplined capital allocation, proactive sourcing of capital, operational efficiency and targeted investment is creating a more durable growth platform.

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