Resilient Property Income Fund yesterday posted a 15,12% increase in distributions per linked unit to 91,51c for the six months to June thanks largely to its dominance of retail centres, which resulted in a high percentage of national retailers insulated from the effect of the economic downturn.

Listed property loan stock company Resilient Property Income Fund is to develop a shopping centre worth more than R400 million in Tshwane with Keystone Investments