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.

JSE diversified REIT - Dipula Income Fund (Dipula) - today reported strong interim growth with a 9,5% increase in distributable earnings on the prior period.

Dipula Income Fund manages to grow its distribution per share 8% in the year to August, attributing it to organic growth and strong asset management.

Wednesday, 09 November 2016 16:05

Dipula Income Fund delivers top end distributions

JSE diversified REIT, Dipula Income Fund, continued its distribution growth trend despite the challenging property market, with an 8% increase year-on-year to 185,97 cents a share for the year to August 2016 off the back of mainly organic growth.

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.

The SA REIT Conference is again proving to be the gathering place for the sharpest minds in property, finance and investment, and an exciting platform for debate and interaction.

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