Resilient Property Income Fund anticipates 17% to 19% growth in distribution

Posted On Monday, 27 January 2014 12:27 Published by
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Resilient Property Income Fund anticipates 17% to 19% growth in distribution for the 6 months ended 31 December 2013.

Desmond de Beer

Resilient anticipates that the distribution per linked unit for the six months ended 31 December 2013 will be between 17% and 19% higher than for the six months ended 31 December 2012.

The variance to guidance provided is mainly as a result of turnover rent significantly exceeding budget and the weaker Rand which positively impacted on dividends from Resilient's foreign investments.

Last modified on Monday, 27 January 2014 13:15

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