Acucap reports a 6% growth in distribution of 156.22c for the six months ended March 2013

Sycom Property Fund reports a 5.8% rise in distribution to 90.6c for the six months ended March 2013.

Annuity Properties reports strong portfolio growth with a 148% increase in portfolio size to R1.4bn for the year ended March 2013.

ADRENNA Property Group’s headline earnings per share more than doubled to 5.9c in the year to February from 2.7c in the previous corresponding period, due to stringent controls and emphasis on tenancy levels, financial director Hartmann Beukes said on Friday.

The 38 000m² retail development by Zenprop Property Holdings generated in excess of R818 million of retail turnover for the first 12 months of trade. 

Dipula Income Fund boosted its distributable earnings by 44,1% year on year for the six-month interim period ended 28 February 2013 and has significantly progressed with its portfolio growth strategy.

Vukile Property Fund today reported a 26.7% increase in the profit available for distribution for the full year to 31 March 2013 to R556.4 million

Property portfolio value increased to R4.2 billion, doubling in the year under review (FY12 R2.1 billion) 

South Africa’s listed property sector advanced 0.5% during the week ending 10 May 2013, as bond yields drifted higher and the Rand weakened against the US dollar. 

Shares in Resilient gain 2.8% to R60.50 after it said it expected its distribution per linked unit for the six months ended June to rise 12%.

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