SA-focussed and diversified REIT, Dipula Income Fund, reported double-digit growth in distributable earnings to R504.2 million, and its DIA and DIB  dividends per share were up over 4,4% a piece year-on-year. 

The SA REIT (Real Estate Investment Trust) sector is updating its best practice recommendations to make financial reporting of South African REITs even clearer and more comparable.

JSE diversified REIT, Dipula Income Fund (Dipula), today announced continued distributable income growth of 11.5% for the six months to February 2018. 

Wednesday, 11 April 2018 23:13

Dipula capital raise 32% oversubcribed

JSE diversified REIT - Dipula Income Fund (Dipula) – yesterday announced the results of its successful bookbuild in which it raised approximately R790 million.

Leadership, governance, integrity, transformation, and economic, social and environmental challenges. These are some of the big issues keeping South Africans awake at night.

The FTSE/JSE South African Listed Property Index (SAPY) achieved total returns of 17.2% in 2017, building on its performance of returns of 10.2% in 2016, to deliver double-digit growth to investors for the second year in succession.

South African REITs (real estate investment trusts) once again ranked high among the country’s top companies earning the most for shareholders.

JSE diversified REIT, Dipula Income Fund (Dipula), has overcome tough macro-economic conditions to post a 5.8% increase in combined dividends per share for the year to August 2017, driven entirely by organic growth. 

JSE diversified REIT - Dipula Income Fund (Dipula) - today announced its intention to acquire a diverse property portfolio for a purchase consideration of R1.27 billion, taking Dipula’s total portfolio value to more than R8.5 billion.

Downgrading to junk status and ongoing political tomfoolery might make South African investors a little anxious about protecting their investment portfolios against the market volatility resulting from the uncertainty created by the current environment.

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