Emira Property Fund (JSE: EMI) has acquired its eleventh grocery-anchored dominant open-air shopping centre in the USA, growing its equity investments in thriving states of the world’s largest economy to R1.55bn (US$105m).

Despite the headwinds facing the world economy, the global construction sector entered 2019 with significant momentum, having seen growth of five percent in 2018.

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.

Emira Property Fund has made two further equity investments into grocery-anchored dominant shopping centres in the USA, both located in the state of Texas.

A highlight on South Africa’s political calendar kicks off tomorrow at 17h00.

Emira Property Fund continues to advance its conservative approach to funding, which underpins its agile approach to market opportunities.

Emira Property Fund today announced it has invested in its fourth shopping centre in the USA, growing its exposure in the biggest market in the Western world and progressing its international investment strategy.

Leading South African property investor and developer Atterbury has introduced a landmark new medical development to its prestigious mixed-use Pretoria precinct, The Club.

Eskom Chairman Jabu Mabuza will join global and local business influencers at the SA REIT Conference 2018 in Sandton Central next month.

Emira Property Fund today reported a total dividend of 70.65 cents per share for its half-year ended 31 December 2017. This represents a 2.5% year-on-year increase in distributions and marks Emira’s return to positive dividend growth.

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