ApexHi still on track to meet year end forecast

Posted On Monday, 05 May 2008 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

ApexHi Properties Limited has announced a 20,6% increase in quarterly distributions for the period 1 January 2008 to 31 March 2008, with a combined quarterly distribution of 85 cents (2007: 70,50 cents)

Gerald Leissner






The distribution for the nine months to 31 March 2008 therefore amounts to 246 cents per unit (2007 : 210,5 cents) and ApexHi CEO Gerald Leissner says the company is on track to meet its target of between 334 cents and 337 cents for the year ended 30 June 2008.

According to the distribution structure, the A units receive 33,75 cents (2007: 31,72 cents), the B units receive 41,25 cents (2007: 38,78 cents) and the C units receive 10 cents (2007: nil) for the current quarter.

Last modified on Monday, 21 April 2014 19:49

Most Popular

Equites Property Fund’ prime logistics portfolio delivers exceptional returns

May 04, 2022
Andrea Taverna-Turisan
Equites Property Fund Limited today announced growth in its distribution per share of…

When is eviction legal? All you need to know about dealing with problem tenants

May 04, 2022
Buying an investment property is great, especially when you’ve chosen a good location.…

Steilloop Shopping Centre makeover exceeds customer needs

Apr 22, 2022
Rural Limpopo's Steilloop Shopping Centre was bought by developer, GMI Property Group…

Deadline looms for energy performance compliance for commercial buildings

Apr 25, 2022
Energy certiticate
By 7 December 2022, commercial properties in specified sectors must have obtained their…

First quarter Rode’s Report raises doubts over the Sectional Titles Schemes Management Act

Apr 25, 2022
Default Image
The latest issue of the Rode’s Report has brought into question the practicality of the…

Please publish modules in offcanvas position.