Despite the difficult economic climate South Africa is experiencing at present, Fairvest Property Holdings Limited managed to conclude some 30 lease renewals, or 6 000m² of GLA during the first four months of the new financial year at the budgeted rentals.
Fairvest Property Holdings Limited (“Fairvest”) today announced strong results for the 2017 financial year.
Fairvest Property Holdings Limited (“Fairvest”) today announced another set of strong results for the first six months of the 2017 financial year, with distributions increasing by 9.57% year-on-year.
Fairvest grows distribution 10.29% for the year to June on strong letting and careful cost management.
Fairvest Property Holdings Limited (“Fairvest”) today announced a full year distribution of 16.660 cents per share, which represents a 10.29% increase on the comparable period and again exceeded the guidance previously issued.
Fairvest Property Holdings Limited (“Fairvest”) today announced an interim distribution of 8,171 cents per share, which represents a 10,02% increase on the comparable period, again exceeding the guidance previously issued of between 9% and 10% growth in distribution.
Fairvest Property Holdings has entered into an agreement with Vilhas Property CC to acquire the Shoprite Heidelberg shopping centre rental enterprise as a going concern for R54 954 500.
Niche property investment fund manager, Fairvest Property Holdings Limited announced that it has raised R137 million through a successful vendor placement.
Niche retail Real Estate Investment Trust (REIT), Fairvest Property Holdings Limited announced an interim distribution of 7.427 cents per linked unit, a 10.03% increase of the comparable period which is at the upper end of the guidance previously issued of between 9% and 10% growth in distribution.

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