Property loan stock company Vukile reports a 6.3% increase in the profit available for distribution for the full year to 31 March 2012 to R439.1 million. According to leading analyst Leon Allison of Macquarie, adjusting for the manco fee and the once-off lease payment received in 2H12, estimated like-for-like growth of around 5% occurred.

Tuesday, 22 November 2011 02:00

Vukile looks to grow the fund 'aggressively'

Looking forward, Vukile (VKE) plans to grow more aggressively by focussing on retail and improving the quality of their office portfolio, according to Laurence Rapp, CEO of Vukile Property Fund.

Tuesday, 15 November 2011 02:00

Vukile acquires R1.5bn property portfolio

Property loan stock company Vukile Property Fund says it is to acquire a portfolio of 20 properties, worth nearly R1.5bn, from Sanlam Life Insurance.

Tuesday, 30 August 2011 02:00

Debt funding for listed subsidiary

Nedbank Corporate Property Finance in conjunction with Nedbank Capital has refinanced R450 000 000 of debt within MICC Properties (Pty) Ltd

Property loan stock company Vukile Property Fund said yesterday it was looking at expanding its retail offering to underserved rural areas and previously disadvantaged areas across the country

Vukile Property Fund said that it believed the terms and conditions of the Giyani Plaza acquisition were fair to its linked unitholders.

Vukile Property Fund is to acquire the Giyani Plaza retail centre in Limpopo from Sanlam Life Insurance for R68.25m.

Friday, 31 December 2010 02:00

Vukile updates acquisition deal with Sanlam

 

Vukile Property Fund announced on Friday that it has notified Sanlam Life Insurance about its interest to acquire certain properties from Sanlam valued at approximately R500 million.

Tuesday, 23 November 2010 02:00

Vukile earnings distribution up 7.5%

Vukile Property Fund has announced that its distributions for the 6 months ended September 2010 increased by 7.5% to 50.525c from 47c a year ago.

Tuesday, 23 November 2010 02:00

Vukile earnings distribution up 7.5%%

 

Vukile Property Fund announced on Monday that its distributions for the six months ended September 2010 increased by 7.5% to 50.525 cents from 47 cents a year ago.

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