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Fairvest Property Holdings Limited (“Fairvest”) today announced strong results for the 2017 financial year.

Vukile Property Fund today reported 7.1% growth in dividends per share for the year to 31 March 2017, comfortably delivering on its market guidance and again advancing its track record of unbroken growth in dividends since listing in 2004.

It was an evening of glitz, glamour and achievement as the 2016 Certificate of Shopping Centre Management (CSCM) and Advanced Certificate of Shopping Centre Leadership (ACSCL) students gathered to celebrate their success at the CSIR International Convention Centre in Pretoria recently.

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.

Vukile is turning its attention to an offshore expansion, says company.

Nearly a third of all South African listed REITS (real estate investment trusts) can be counted among the JSE’s 100 most empowered companies in 2016.

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.

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