Andrea Taverna-Turisan‚ CEO of Equities Property Fund‚ discusses half-year results from the specialist logistics property developer and landlord.

Specialist logistics property developer and landlord, Equites Property Fund Limited (“Equites”), today announced total distributions for the year ended 29 February 2016, of 96.6 cents per share – an increase of 18.3% relative to the previous year on an adjusted full year basis.

Specialist industrial property developer and landlord, Equites Property Fund, announced total distributions to shareholders of 45.42 cents per share for the 6 months ended 31 August 2015, 11.5% higher than the corresponding financial period, on an adjusted 6 months basis, and exceeding the pre-listing forecasts by 4.7%.

Specialist industrial property developer and landlord, Equites Property Fund Limited announced that it has concluded a merger with one of South Africa’s leading private property developers and owners, INTAPROP Proprietary Limited, which involves the acquisition by Equites, of a R1,9 billion industrial property portfolio from INTAPROP in return for a strategic equity holding in the listed entity.

Intaprop has wasted no time refurbishing the well-located Equity Office Park in Pretoria - which the company acquired just one year ago - and renewing key tenant leases.

Leading SA property development and investment company Intaprop has secured two major deals for tailor-made premises for Form-Scaff and Wasteman, at Saxdowne Park, in the Western Cape.

Intaprop has completed two major developments comprising nearly 40,000sqm of prime logistics space at the 38-hectare Super Park Distribution Hub in busy Isando. 

Leading property developer and investor Intaprop announced three new deals at its Meadowview Business Park totalling some R240 million and spanning 30,000sqm of new development.

Leading SA property development and investment company Intaprop is bringing a R100 million development for MAN Truck & Bus South Africa to Gauteng’s busy Isando node.

Leading property developer and investor Intaprop announced it is opening Meadowview Business Park West for development following its completion of the initial phase of the prime business estate, including the R575 million new head office for UTi Pharma.

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