SA REIT Association expects steady sector growth in 2025.
The SA Listed Property Index (J253) recorded a positive return of 0.04% for the month ended April 2015.
Property loan stock company Vukile shrugged off a sluggish economic recovery to increase its full year distribution to linked unitholders by 9% and to grow its net asset value by 7.6% in the 2010 financial year
In spite of the challenging market conditions, Vukile was able to negotiate renewal rentals on expiries at rates that were, on average higher than the expiry rentals and, in some instances, substantially higher
Vukile has reported that its headline earnings per linked unit for the 6 months ended September 2009 are at 49.60c compared to the 46.22c reported for the same period in 2008.
Property loan stock company Vukile grew its distribution to its linked unit holders for the six months ended 30 September 2009 by 6.6%
JSE-listed Premium Properties is leading the pack as the best performing property company, returning 29,9% to shareholders for the year to date, followed by property loan stock company Vukile, with 24,54% returns.
Vukile announced that it had concluded agreements with the Sanlam group to acquire a portfolio of 13 commercial properties for R775m.
Vukile posted a 9,5% increase to R289,9m in net profit for the year to March following firm control of costs and a strong performance.

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