Johannesburg Stock Exchange fund, Redefine Properties has concluded a three year sponsorship with Absa Currie Cup champions, the MTN Golden Lions.
Redefine is the second largest listed South African property loan stock company by market capitalisation on the Johannesburg Stock Exchange (JSE) with a diverse range of property assets under management exceeding R37 billion.
Redefine Properties join the Golden Lions Rugby Union as a co-sponsor of the MTN Lions team, with the Redefine logo being featured on the players’ jersey for both the Vodacom Super Rugby and Absa Currie Cup competitions.
“On the back of our 2011 Currie Cup victory, we are extremely grateful and honoured to have a company with the stature of Redefine join our ranks as one of our treasured sponsors,” says Golden Lions Rugby Union president Kevin de Klerk.
De Klerk says the Lions have been building a vision to become a winning culture, a powerhouse of rugby and centre of excellence.
In the modern game, this cannot be done without the gracious support of our sponsors, he explains.
He has welcomed Redefine Properties saying they look forward to a successful and mutually beneficial working relationship over the next three years.
Chief operating officer of Redefine Properties, David Rice says they are delighted to be part of this winning partnership with the MTN Lions.
“We have investors, clients and tenants throughout South Africa, many of whom are passionate rugby supporters.”
Rice says the opportunity to partner with the MTN Lions was one Redefine could not let pass adding that the team’s performance last year was exemplary and they are excited the team will continue on a winning streak.
Redefine is the second largest listed South African property loan stock company by market capitalisation on the Johannesburg Stock Exchange (JSE) with a diverse range of property assets under management exceeding R37 billion.
As of 31 August 2011, the company’s property portfolio consists of 358 properties in South Africa valued at R17 billion and a R5 billion portfolio of strategic listed securities.
The Redefine portfolio is further geographically diversified by 184 offshore properties and listed securities valued at R12 billion held through Redefine Properties International Limited and its 66 percent owned subsidiary Redefine International P.L.C, listed on the JSE and London Stock Exchange respectively.