Keeping a sharp eye on its growing property portfolio is set to drive Dipula's performance for investors.

Arrowhead interim results again excels with 13,5% distribution growth.

Tembisa Mega Mart development in Gauteng has a new buyer in the form of Delta Property Fund‚ after a previous deal to acquire the township mall failed.

Dipula Income Fund has recently acquired and taken transfer of four properties for a combined R265,6 million, comprising three retail centres and an office block.

Retail property is expected to deliver better results to investors in 2014 with offices being the weakest commercial property subsectors this year, according to Dipula Income Fund CEO Izak Petersen.

Dipula Income Fund today announced that it has agreed to acquire the Gillwell Taxi Retail Park development in the East London CBD, situated in the Buffalo City Metropolitan Municipality of the Eastern Cape province.

Wednesday, 11 December 2013 08:12

Volatile bond yields dampen returns on property

JSE's R249bn listed property sector delivers a muted 7.3% total return for the first 11 months of this year, some way off the 17.92% achieved by the All Share index over the same time.

Dipula Income Fund today reported growth of 7.0% in combined A- and B-linked distributions for the year ended 31 August 2013, delivering on its guidance to investors.

With an appealing mix of successful retailers guaranteed and construction progressing apace, the vision for the R400 million Eyethu Orange Farm Mall to become a successful, profitable asset for the community of Orange Farm is within reach. 

Tower Mall opened on the 25 October 2013 in the growing Jouberton, City of Matlosana, bringing 15,400sqm of quality retail to this community and consumers in the surrounding western suburbs of Klerksdorp.

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