Thursday, 06 October 2011 02:00

All in the Wapnick family

Warren Buffett said that if a business does well, the stock eventually follows. For JSE-listed companies Octodec Investments Limited and Premium Properties the stock is still looking good and that’s despite the news that founder Alec Wapnick stepped down last week

JSE listed property company Octodec Investments Limited today announced that it has acquired The Tannery Industrial Park in Silverton, Pretoria for a total purchase price of R153.75 million

Premium Properties Limited announced a total distribution of 59,20 cents per linked unit for its second six-month period, ended 28 February 2010, bringing its total distribution for the full year to 111.1 cents per linked unit, up a noteworthy 16,8% from that of the prior year

Octodec Investments Limited announced a distribution of 65.1 cents per linked unit for its six-month interim period to 28 February 2010, representing an increase in distribution of 4,7% from the corresponding prior period

Friday, 23 April 2010 02:00

Premium Properties distribution up

Premium Properties Limited on Thursday announced a total distribution of 59.20 cents per linked unit for its second six-month period, ended 28 February 2010, bringing its total distribution for the full year to 111.1 cents per linked unit, up a noteworthy 16.8% from that of the prior year.

Managing Director of Premium Properties Limited Jeffrey Wapnick, attributes the pleasing results to the growth of it’s Pretoria and Jo’burg CBD property portfolio and the upgrades and redevelopment of its properties, as well as the positive office and residential letting markets

Notwithstanding the challenging trading conditions which have dominated the markets during its financial year, JSE-listed property loan stock company Octodec Investments Limited has once again achieved excellent growth in distributions to linked unitholders

Despite having been on the market for years with no takers, Kempton City, a Kempton Park landmark, is set to receive a multi-million Rand redevelopment and get a new lease on life, thanks to some of South Africa’s foremost property experts

JSE-listed property loan stock Premium Properties Limited has reported a total distribution for the year to investors of 84,5 cents per linked unit, some 16.6% higher than that paid for its previous financial year.

Friday, 19 October 2007 02:00

Octodec retail centres flourish

Listed property loan stock company Octodec Investments reported that its distributions for the year to August had surged 19,7%

Page 4 of 6

Please publish modules in offcanvas position.