iFour Properties Limited today announced an increase of 8% in distributable earnings to 94 cents (2006: 87 cents) per linked unit for the financial year under review

Listed property loan stock company iFour Properties said yesterday it had delivered a total return of 21,1% to its unitholders for the year to June.

iFour Properties says that the acquisition of six more retail properties in township or rural areas stands it in good stead to take advantage of the growth in the economy.

Total return of 61% for the year

Listed property loan stock company iFour Properties yesterday reported a 5,4% increase in its distributions for the six months to December last year over the same period the previous year.

Absa, iFour Properties Limited and Pangbourne Properties Limited made finance history today with the launch of South Africa’s first Commercial Mortgage Backed Securities (CMBS) programme.

Listed property loan-stock company iFour Properties Ltd (IFR), has declared a final distribution of 41 cents per linked unit, for a total annual distribution to shareholders for the year to end-June 2004 of 78 cents per linked unit, up from the 75 cents distributed a year earlier.

Listed property loan-stock company, iFour, has had a successful year in delivering on its commitment to shareholders.

Listed property loan stock company iFour Properties announced its financial director James Nunes would be taking over as CEO from Anthony Diepenbroek