The board of directors has approved the dividend for the quarter ended 31 December 2016.

Indluplace Properties, the JSE’s first pure residential focused REIT, announced a dividend for the quarter ended 31 December 2015 of 22,93 cents per share.

What are Capital Allowances?
Capital allowances are a relief from income tax and are based on the capital expenditure incurred on the provision and installation of certain fixed assets in a building that suffer wear and tear, as well as on various types of properties, including certain industrial buildings and hotels.

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