Vukile Property Fund today reported 7.1% growth in dividends per share for the year to 31 March 2017, comfortably delivering on its market guidance and again advancing its track record of unbroken growth in dividends since listing in 2004.

Arrowhead, the South African JSE listed REIT, released its interim results today in line with guidance, despite a tough local economic and political environment.

Spear REIT Limited has declared a first dividend of 16.75% over their forecast in the company’s first set of financial results since listing on the Johannesburg Stock Exchange in November last year.

Emira Property Fund has increased its spread of funding significantly over the past two years and now has funding facilities with six different banks, supporting a better risk profile, improving its refinancing risk and minimising its cost of capital.

Investec Property Fund (“IPF” or “the Fund”) is pleased to announce a final dividend of 66.74 cents per share for the six months ended 31 March 2017, taking the full year dividend to 127.65 cents per share (31 March 2016: 124.66 cents per share).

Investec Australia Property Fund (“IAPF” or the “Fund”) is pleased to announce a final distribution of of 4.93 cents per unit (“cpu”) pre-withholding tax (“WHT”) and 4.60 cpu post WHT (31 March 2016: 4.63 cpu pre WHT and 4.65 cpu post WHT).

Gemgrow Properties Limited (Gemgrow), a specialist high yielding, high growth REIT listed on the JSE, today announced that it has concluded an agreement with Erf 266 Louis Trichardt Proprietary Limited, Solly Noor Trust and Solly Noor Prop Proprietary Limited for a purchase consideration of R330 million.

Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced solid financial results for the year ended 28 February 2017.

Equites Property Fund Limited today announced a 14% increase in full year distributions to 110.37 cents per share.

Indluplace Properties Limited, the first residential focused REIT listed on the main board of the JSE, today announced their Interim Results for the six months ended 31 March 2017. 

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