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Indluplace Properties Limited, the first residential focused property portfolio listed on the JSE, today announced that it has concluded an agreement with Diluculo Investments Pty Ltd to acquire Diluculo Properties Pty Ltd which owns a property portfolio of 1 319 residential units for R475 million.
The board of directors has approved the dividend for the quarter ended 31 December 2016.
A doyen of SA’s listed property sector‚ CEO of Arrowhead Properties Gerald Leissner‚ dies.
Diversified property group Arrowhead Properties has ambitions to make sizable acquisitions in 2017.
Arrowhead, the South African JSE listed REIT, has declared a dividend of 82,55 cents per share for the year ended 30 September 2016.
Indluplace manages to perform well in a difficult environment in the year to August, say company.
Indluplace Properties Limited, the only residential focused REIT listed on the JSE, today announced their Annual Results for the first full year since listing in June 2015 on the Main Board of the JSE.
Indluplace Properties Limited, the JSE’s only residential focused REIT, today declared a cash dividend of 23.25 cents per share for the quarter ended 30 June 2016.
Listed-sector interest in residential real estate grows, but only a few funds have managed to build sizeable portfolios.
Arrowhead, the South African JSE listed REIT, has declared a dividend of 20,76 cents per share for the three months ended 31 March 2016.