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While Nigeria’s economic downturn created adverse conditions for international companies operating in the country, leading construction and property solutions company, Profica, adopted an astute approach to doing business that enabled them to weather the storm.
Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced sound interim results, declaring an interim dividend of 47,95 cents per share.
Redefine International (“Redefine International” or the “Company”), the opportunistic income focused FTSE 250 UK-REIT, has let 1,022 sqm (11,000 sq ft) at City Point, Leeds to Blacks Solicitors LLP, bringing the office asset, which was acquired as part of the AUK portfolio in March 2016, to full occupancy.
Texton Property Fund Limited (JSE:TEX), a South African real estate investment trust (REIT) has appointed Nic Morris as its Chief Executive Officer (CEO), with effect from 1 December 2016.
Vukile is turning its attention to an offshore expansion, says company.
Intu Properties Q3 trading update for period 1 July 2016 to 25 October 2016.
Andrea Taverna-Turisan‚ CEO of Equities Property Fund‚ discusses half-year results from the specialist logistics property developer and landlord.
Diversified property REIT, Texton Property Fund (“Texton”) today announced robust final results for the year ended 30 June 2016, declaring a total dividend of 103.63 cents per share (2015: 94.77 cps), a 9.4% increase, following the successful implementation of its diversification strategy geographically into the United Kingdom (UK) and across sectors.
Shareholders are referred to the announcement released on SENS on 27 May 2016 relating to the acquisition of two property portfolios in South Africa and in the United Kingdom.
Properties grows its earnings per share 10% in the six months to June, despite concerns over the strength of the British consumer and downward pressure on UK property prices.