Emira receives firm intention for a mandatory offer to shareholders
Emira Property Fund (JSE: EMI) has received written notice from its major shareholder, the I Group, that the I Group and its concert parties have raised their stakes in the REIT and now hold 35.003% of its voting rights.
Emira is powering business the sustainable way
Mitigating environmental and economic risks for itself and its tenants’ businesses, Emira Property Fund is continuing its programme of investment into clean energy from renewable resources to create long-term growth and drive economic recovery.
Offices will remain critical for business in future
The exact impact of COVID-19 on offices in South Africa is a key point of debate, but their relevance for the future of business isn’t - offices will continue to be an essential part of doing business during and post the COVID-19 pandemic.
Emira Property Fund’s delivers half-year dividend growth and sustainability from a solid business platform
Emira Property Fund today reported a 1.7% year-on-year increase in distributions for its half-year ended 31 December 2019, in line with its positive market guidance.
Emira builds on its positive performance with 3.1% growth in full-year distributions
Emira Property Fund has reported a 3.1% increase in distributions for its financial year ended 30 June 2019, delivering on its market guidance and continuing its dividend growth for the second consecutive year following its successful turnaround.
Emira’s Denver property is changing the warehousing game
Emira Property Fund’s refurbished warehouse facility superbly located in the popular industrial hub of Denver, Johannesburg, has opened its doors, attracting savvy tenants looking for state-of-the-art warehouse facilities, paired with contemporary office space and excellent energy efficiency.
Emira adds another two shopping centres to its USA retail property portfolio
Emira Property Fund has made two further equity investments into grocery-anchored dominant shopping centres in the USA, both located in the state of Texas.
Emira acquires a stake in residential property fund Transcend
JSE-listed Emira Property Fund will take a minority stake in JSE AltX-listed Transcend Residential Property Fund, furthering Emira’s stated strategy of expanding its investment in residential rental property.
Emira concludes its major portfolio rebalancing with a landmark R1.8bn BEE deal
Emira Property Fund is selling a sizeable R1.8bn portfolio of 25 office assets to a new majority black-owned entity, specially setup for this purpose.
Emira restructures its debt expiry profile with proactive and prudent debt management strategies
Emira Property Fund continues to advance its conservative approach to funding, which underpins its agile approach to market opportunities.
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