Total return on Hospitality A-linked units total 38% and for B-linked units it amounts to a notable 116%. The Fund’s total returns during the reporting period significantly outperformed the listed property sector

Hospitality Property Fund Limited announced that it will acquire the 4-star Richards Hotel together with neighbouring land totalling 12,960m2, the 2-star Bayshore Hotel all in Richards Bay and the 3-Star Protea Hotel Imperial in Pietermaritzburg.