Texton Property Fund today reported a total dividend of 71.37 cents per share for its full-year ended 30 June 2019.

Shareholders in JSE-listed REITs, Gemgrow Properties  and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.

Emira Property Fund has reported a 3.1% increase in distributions for its financial year ended 30 June 2019, delivering on its market guidance and continuing its dividend growth for the second consecutive year following its successful turnaround.

Investec Property Fund (IPF) has acquired an additional 23% interest in the Investec Argo Property Fund (UK Fund) for GBP25 million, increasing its shareholding to 33% and its total investment in the UK Fund to GBP36.7 million.

JSE specialist shopping centre REIT, Hyprop, today announced progress on its strategy communicated to the market in March this year, where it stated its intention to reduce its exposure to sub-Saharan Africa excluding South Africa to focus its attention and capital on its South African and Eastern European businesses. 

Arrowhead Properties Limited, a proudly South African JSE-listed REIT with a diverse portfolio of retail, office and industrial properties today announced an interim dividend of 27,8 cents for the six months ended 31 March 2019, which is in line with the communicated guidance.

JSE diversified REIT, Dipula Income Fund (Dipula), today announced steady interim results for the six months to February 2019.

“Spear has delivered distribution growth of 10,09% in a very tough economic environment. In a less than optimal operating environment the strong performance of the core portfolio is testament to its high-quality nature and reinforces management’s strategy of being regional focused and close to its assets” – CEO Quintin Rossi

JSE-listed South African-focused REIT Gemgrow Properties  today announced its interim results for the six months ended 31 March 2019.

JSE listed REIT Octodec Investments Limited, today announced its half year results, declaring a distribution of 101.7 cents per share for the period.

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