Fairvest announces interest in acquiring a stake in Arrowhead Properties
Fairvest Property Holdings Limited (“Fairvest”) today announced its interest in acquiring a stake in Arrowhead Properties Limited (“Arrowhead”) via privately placed share swap transactions.
Fairvest maintains a robust performance and forecasts year-on-year distribution growth
Fairvest Property Holdings Limited (“Fairvest”) today announced results for the six months to December 2020 that portrayed strong improvements in property fundamentals and a pleasing 7.2% increase in distribution against the most recent six months to 30 June 2020, which were at the height of the COVID-19 lockdown.
Fairvest’s property portfolio proves its resilience
Fairvest Property Holdings Limited (“Fairvest”) today announced results for the year to 30 June 2020, with total distribution for the year of 21.038 cents per share, down 3.4% decrease on the prior year.
Fairvest Property Holdings disposes of Tokai Junction for R180 million
Fairvest Property Holdings Limited (“Fairvest”) today announced the finalisation of the due diligence for its disposal of Tokai Junction, a 7 618m2 retail centre in Constantia, Western Cape to FPG Holdings Proprietary Limited for R180 million.
Fairvest Property Holdings maintains above-inflation growth in challenging market
Fairvest Property Holdings Limited (“Fairvest”) today again announced solid results for the six months to December 2019, with above market distribution growth of 5.1%, net property income growth of 2.2%, 5-year lows in vacancy rates and consistently low arrears.
Fairvest to become fourth property company to list on A2X
Fairvest Property Holdings, a real estate investment trust with a market cap of R2 billion, has been approved for a secondary listing on A2X Markets.
Fairvest continues to deliver sector beating returns confirms growth of between 9%-10%
Fairvest Property Holdings Limited (“Fairvest”) today announced solid results for the six months to 31 December 2017, with interim distributions increasing by 9.53% to 9.806 cents per share.
SA REITs make up a dazzling dozen of South Africa’s top listed companies
South African REITs (real estate investment trusts) once again ranked high among the country’s top companies earning the most for shareholders.
Fairvest Property Holdings Limited on track to deliver communicated growth in distribution of between 9 to 10%
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 post strong results for the 2017 financial year
Fairvest Property Holdings Limited (“Fairvest”) today announced strong results for the 2017 financial year.
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