Redefine Properties’ Horse Group JV buys out Horse JV Lux 50% stake for EUR 126.4 million

Horse Group, a Polish retail-property joint venture, bought out Horse JV Lux’s 50% stake in a restructure effective Oct. 1, 2026. EPP GP injected EUR 59.2 million for new Class A shares; RMB Investments and Advisory added EUR 66 million for new Class B shares. Subscription proceeds and other funds funded EUR 126.4 million to acquire and cancel Horse JV Lux’s equity; total consideration reached EUR 150.8 million. Ownership reset to EPP GP 59.4%, RMB Investments and Advisory 23.1%, Redefine Properties’ Redefine Europe 17.5%. The restructure targets a simpler Polish joint-venture structure and higher cash-backed earnings, supporting an orderly exit ahead of March 2027 maturity. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redefine Properties Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604617