Fairvest Property Holdings Limited today announced results for the year to 30 June 2019, with annual distributions increasing by 8.1% to 21.773 cents per share.
As suburbs grow we often see large shopping malls being built within close proximity to smaller community retail centres.
Fairvest Property Holdings Limited today again announced solid results for the six months to December 2018, with interim distributions increasing by 8.3% to 10.616 cents per share.
Recent tight economic times have seen certain big retail centres experience a reduction in rentals, turn-over and profits.
Rising municipal rates and taxes is a hot-button issue - one that negatively affects, not only operating costs and gross rentals, but also makes demand on property management resources.
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