Monday, 04 September 2017 13:25

Texton Property Fund delivers good results

Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced good annual results despite a challenging year, declaring an annual dividend of 102,80 cents per share.

Texton board of directors is pleased to announce the appointment of Nosiphiwo Balfour to the position of Chief Executive Officer, effective 17 July 2017.   

Rob Kane, CEO of Texton said the Fund was pleased with another period of strong distribution growth and acquisitions.

Vunani Property Investment Fund announced that both its unitholders and board have approved the sale of the asset management business from Vunani Property Asset Management Proprietary Limited to Texton Property Investments Proprietary Limited at a meeting held in Johannesburg today.

Vunani Property Investment Fund announce R117 million transaction

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