Redefine currently leases 73 116 square metres to Pick n Pay. (Waldo Swiegers/Bloomberg via Getty Images)
Real estate company Redefine Properties, which leases space to Ster-Kinekor and Pick n Pay, among others, says it is reducing space in these two companies because it is not profitable.
The group is taking back 10 000 square metres from Pick n Pay during the 2024-25 financial year and will re-let it at better monthly rentals, said Nashil Chotoki, Redefine Properties’ national…
