Emira Property Fund Limited today reported distribution growth per participatory interest (PI) of 9% for its full year ended 30 June 2015, meeting its market guidance with a good set of results that continue its growing track record of performance for investors.

Tuesday, 04 August 2015 14:45

Emira Property Fund appoints new CEO

Emira Property Fund appoints Geoff Jennett, currently chief financial officer and an executive director of Emira, as Chief Executive Officer with effect from 1 September 2015. 

The SA Listed Property Index (J253) recorded a return of -0.36% for the month ended June 2015.

Emira Property Fund has announced it is investing R17,6 million for generators to serve retailers at its super-regional Wonderpark Shopping Centre in Pretoria to help counteract the detrimental effects of load shedding on their businesses.

Emira Property Fund today began trading as an internally managed Corporate REIT, listed on the JSE.

Emira Property Fund is enhancing its portfolio of assets by investing in strategic acquisitions, redevelopments and expansions to its properties, which increase both the quality of its portfolio and its exposure to the retail sector. 

Monday, 01 June 2015 10:11

Emira Property Fund CEO resigns

James Templeton has advised the Board of his resignation from the Fund with effect from 31 August 2015, in order to pursue personal interests outside of the listed property sector.

Emira Property Fund today announced that one of its BEE investors, Kagiso Tiso Holdings Proprietary Limited (KTH) has realised the value of its investment in Emira through a significantly oversubscribed accelerated offering of all of KTH’s 29,316,187 participatory interests (PIs) in Emira, representing 5.74% of its PIs in issue. 

 

Emira Property Fund has announced details of its strategic conversion to an internally managed Corporate REIT, listed on the JSE.

Recycling capital to enhance earnings for its investors, Emira has disposed of three buildings for a combined R476 million – representing a forward yield of 6.4% and a total premium to book value of 47.4%.

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