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.
Investors in the listed property sector can expect lower, more stable total returns of 13% in 2005 - says First South Securities property analyst Leon Allison
Listed loan stock company, Pangbourne Properties Ltd, has appointed four new directors to its board.
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 Pangbourne said yesterday one of the reasons for its 2,8% increase in distributable earnings for the year to June was an improvement in its rental agreements.
Listed property loan-stock company, iFour, has had a successful year in delivering on its commitment to shareholders.
LISTED property loan-stock company Pangbourne Properties said on Friday that the acquisition of a R439m property portfolio from Strupot Property Investments would increase its distributable earnings to unitholders by about R7m for the period from October to next June.
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