Wednesday, 22 November 2017 10:40

Repositioning for sustainable growth

Arrowhead, the South African JSE listed REIT, with a well-diversified portfolio across South Africa and sectors, today announced pleasing annual results.

Almost two years to the day since listing on 16 November 2015, JSE self storage specialist REIT, Stor-Age, today announced continued strong results for the six months to September 2017 and declared a dividend for the fourth consecutive period of 47.02 cents per share. 

Real estate consulting firm, JLL, has released its South African Q3 2017 market reports for the office markets in Johannesburg, Durban and Cape Town; the industrial markets in Johannesburg and Durban; and an outline of the South African retail market.

JSE listed since 1997, Trematon Capital Investments Limited (“Trematon”, “the Group” or “the Company”), the Western Cape focused and actively managed Investment Holding Company, today announced excellent financial results for the twelve months to 31 August 2017.

Accelerate Property Fund, the JSE listed REIT with significant exposure in the dynamic Fourways node in Johannesburg, today announced its interim results for the six months ended 30 September 2017.

JSE diversified REIT, Dipula Income Fund (Dipula), has overcome tough macro-economic conditions to post a 5.8% increase in combined dividends per share for the year to August 2017, driven entirely by organic growth. 

Investec Property Fund (“IPF” or “the Fund”) is pleased to announce an interim dividend of 68.37 cents per share (cps) for the six months ended 30 September 2017 (Sept 16: 60.91 cps).

Investec Australia Property Fund (“IAPF” or the “Fund”) is pleased to announce an interim distribution of 4.95 cents per unit pre-withholding tax (“WHT”) and 4.64 cents per unit post WHT for the six months to 30 September 2017 (30 September 2016: 4.81 cents per unit pre WHT and 4.64 cpu post WHT).

The South African economy remains mired in political uncertainty, policy shifts and a lack of any real growth.

JSE diversified REIT - Dipula Income Fund (Dipula) - today announced its intention to acquire a diverse property portfolio for a purchase consideration of R1.27 billion, taking Dipula’s total portfolio value to more than R8.5 billion.

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