Texton Property Fund is moving closer to its goal of having half of its portfolio exposed to UK property and half to South African property.

Vukile Property Fund CEO Laurence Rapp discusses the fund’s full-year results‚ which show 7% growth in distributions despite a tough environment.

Vukile Property Fund CEO Laurence Rapp says his fund is on track to have more than 90% of its portfolio in top quality retail assets, and to receive a rerating.

The Pivotal Fund Limited (‘Pivotal’), a development focused investment fund, today reported strong growth for the financial year ended 29 February 2016 with a 23.91% increase in net asset value per share to R22.80, excluding deferred tax.

The development of distribution centres in SA has gained momentum in the past two years, but demand is yet to match the growing supply.

Investec Property Fund announced a full year dividend of 124.66 cents per share for the year ended 31 March 2016.

Investec Australia Property Fund is pleased to announce a full year distribution of 9.17 cents per unit (cpu) pre withholding tax (WHT) and 8.92 cpu post WHT for the year ended 31 March 2016.

JSE diversified REIT, Dipula Income Fund, continued to weather the tough economy to post growth of 13% in distributable earnings and 7,1% in distributions per combined share for the six months to February 2016.

Emira Property Fund has secured yet another prime property in the flourishing Menlyn node in Pretoria. The R403 million, 50% share in five buildings in Summit Place, a new P-grade office development that includes other mixed uses, will further bolster Emira’s already flourishing portfolio of quality property assets.

Access into the Cornubia Industrial and Business Estate (CIBE) has been greatly improved with the opening of MR 458 road-over-rail bridge which leads motorists directly to the main entrance of the estate.