Indluplace Properties Limited, the only residential focused REIT listed on the JSE, today announced their Annual Results for the first full year since listing in June 2015 on the Main Board of the JSE.

Indluplace Properties Limited, the JSE’s only residential focused REIT, today declared a cash dividend of 23.25 cents per share for the quarter ended 30 June 2016.

Listed-sector interest in residential real estate grows, but only a few funds have managed to build sizeable portfolios.

Indluplace Properties Limited, the JSE’s first residential focused REIT, today announced their Interim Results for the six months ended 31 March 2016.

Indluplace Properties, the JSE’s first pure residential focused REIT, announced a dividend for the quarter ended 31 December 2015 of 22,93 cents per share.

-          Good quality suburban, newly built townhouse type developments compliments Indluplace’s current portfolio of suburban and CBD properties

Indluplace Properties’s revenue has increased from R37,4 million (30 September 2014) to R157,8 million (30 September 2015).

Indluplace Properties Limited, the JSE’s first focused residential REIT, has acquired a residential portfolio from Connaught Properties for R420 million.

Arrowhead acquires R1 billion residential properties; increases total residential portfolio value to R1.6 billion.

Page 2 of 2

Please publish modules in offcanvas position.