Decreasing the listed Delta Property Fund’s gearing in a tough economic environment in which commentators expect interest rates to rise later this year.

Arrowhead, the South African JSE listed REIT, has declared a dividend of 20,76 cents per share for the three months ended 31 March 2016.

Delta Property Fund (“Delta” or “the Fund”), a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported solid results for the financial year ended 29 February 2016.

Redefine Properties (JSE: RDF) has reported a 6.9% increase to 41.7 cents a share in the distribution for the six months to end February 2016.

The country’s third-largest real estate investment trust singles out 2014 as “a milestone year” for its development team.

Acquisition of an interest in Echo Prime Properties B.V.

Redefine has appointed Scott Thorburn as General Manager for the company’s inland property portfolio.

The SA REIT Conference is again proving to be the gathering place for the sharpest minds in property, finance and investment, and an exciting platform for debate and interaction.

South African Real Estate Investment Trust (REIT) Redefine Properties is significantly broadening its offshore footprint via an initial 75% investment into a 1.2 billion euro high-yielding commercial platform comprising 18 properties in the rapidly-expanding and exciting Polish market.

Redefine Properties is now the majority shareholder of Brackengate 2, one of the most valuable tracts of land for commercial use in the Western Cape.

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