Indluplace Properties’s revenue has increased from R37,4 million (30 September 2014) to R157,8 million (30 September 2015).
Putprop Limited’s rental income set to suffer as major tenant, Larimar Limited, not renewing leases.
Redefine Properties has delivered an 8% increase in its distribution per unit to 36.40c in the six months to February compared with the year-earlier period.
Dipula Income Fund today announced that its acquisition drive has improved its rental income streams, with 14 properties valued at some R1,4 billion transferring into its portfolio in the past 14 months.
Premium Properties has reported a 4.9% decline in its interim distributions, as tenants' total cost of occupation increased due to high utility costs and assessment rates.
Redefine is well positioned to access alternative unsecured funding markets such as corporate bonds cost effectively, following the announcement of the company’s credit rating assessment by Moody’s
As the “coal capital” of South Africa, the city of Emalahleni in Mpumalanga is the new "power house" of the region.
Redefine Properties has declared a distribution of 16 cents per linked unit for the quarter ending in February, which combined with the distribution of 15 cents for the quarter ending in November 2010, results in a total distribution of 31 cents per linked unit for the six months ended February 28.
Auction Alliance will take an income-generating property in the Cape Town CBD to auction on March 15.
Auction Aliance will be taking a prime retail spot situated on the very busy corner of Prince George Drive and Ottery Road, Wynberg to auction in December.

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