Rebosis herewith announces some key leadership changes to the CEO and Board that will best position the company into its future.
Rebosis Property Fund is gearing up for growth in one of South Africa’s fastest growing retail markets, Centurion, by capitalising on its local retail property portfolio.
AS the Eastern Cape’s largest shopping and entertainment centre, Baywest Mall, marks its second birthday this month (May 21), its performance for owners Rebosis Property Fund suggests consumer appetites for super-regional malls are far from waning.
Arrowhead, the South African JSE listed REIT, released its interim results today in line with guidance, despite a tough local economic and political environment.
Rebosis Property Fund, a JSE listed Real Estate Investment Trust (REIT) whose strategy is directed toward dominant retail malls and which recently internalised its management team, has reported net property income growth of 74,6% for the six months ended 28 February 2017.
Rebosis Property Fund, the JSE’s first listed black-managed REIT, sustained strong distribution growth for the year ended 31 August 2016.
Listed property continues to be an attractive investment compared with other asset classes, but it is likely to achieve single digit total returns this year.
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