Equites Property Fund Limited announced results for the six months to 31 August 2024, highlighting DPS of 66.50 cents, well in line with its market guidance.

Equites Property Fund Limited announced that as of 1 May 2024 it has officially started wheeling renewable energy, generated by solar PV, onto Cape Town’s grid from its newly established 17 653m² A-grade distribution centre, located in Parow.

Equites Property Fund Limited announced results for the 2024 financial year, highlighting DPS of 131.12 cents, at a 100% pay-out ratio, in line with market guidance.

Specialist logistics property fund, Equites, which develops and owns a high-quality portfolio of logistics properties in key locations in South Africa and the United Kingdom, raised R1.25 billion in the South African debt capital market today in a public auction of 1-year, 3-year, and 5-year senior unsecured floating rate notes.

The JSE listed specialist logistics property fund, Equites, today officially announced that it has concluded a transaction in terms of Statement 102 of the Codes of Good Practice on Broad-Based Black Economic Empowerment (“B-BBEE”) with Mabel Black Knight Investments 1 Proprietary Limited (“Mabel”).

Equites Property Fund Limited today announced growth in its distribution per share of 5.2% to 162.99 cents.

Equites Property Fund Limited today announced a 2.4% increase in its annual distribution per share.

The JSE listed specialist logistics property fund, Equites, today officially announced that it has sold two high-quality UK distribution warehouses to real estate funds managed by Blackstone for £43,400,000, being a 4.79% net exit yield and 6% premium to Equites’ book value. 

Equites Property Fund Limited (Equites) today announced distributable earnings for the six months to 31 August 2020 of 74.44 cents per share, consistent with the distribution of 74.43 cents per share in the prior year.

Equites Property Fund Limited today announced a 9.4% increase in distributable earnings per share and dividends per share.