The company said it was in the early stages of finalising these agreements.
Rockcastle, which has its primary listing in Mauritius and a secondary listing on AltX, said its portfolio continued to deliver sound returns.
The company’s primary objective is to invest in high-yielding property assets and companies that have prospects for capital appreciation.
Its investments comprise primarily listed real estate securities in selected developed jurisdictions including Canada, New Zealand, Australia, Singapore, France, the Netherlands, Hong Kong, the US and the UK.
Basic and headline earnings per share for the 12 months ended March 31 were at 28.18 US cents, the company said.
Rockcastle declared a maiden interim cash dividend of 4.56 US cents per share for the nine months to December, which was paid on March 11. The company said it would continue to consider and declare dividends twice a year. No dividend was declared for the three months ended March 31.
During the 12 months ended March 31, the company successfully raised $240.8m of capital by means of various private placings that were oversubscribed, resulting in the number of shareholders increasing and the trading liquidity of the company’s shares improving.
By the end of the 12-month period, Rockcastle’s gearing ratio was 44.5%.
"Continued uncertainty in the global macroeconomic environment has offered various investment opportunities, particularly in Europe and the US, and the company’s portfolio continues to deliver sound returns," it said.
Looking ahead, the company said it was confident that a dividend yield of between 7% and 9% on the initial issue price of $1 per share would be achieved for the financial period to June 30.
Rockcastle listed on the JSE in July last year.
A number of foreign property groups have chosen secondary listings on the JSE as they look to take advantage of local appetite for foreign property investments.
Evan Robins, senior portfolio manager in MacroSolutions at Old Mutual Investment Group, said this week that offshore property was more attractive than South African property to many local investors.
