Ascension Properties declares a distribution of 19.95c per A-linked unit in the six months to December 2013, compared with 19c in the same period a year ago.
The half point increase in the repo rate announced by the Reserve Bank on Wednesday (29 January 2014) certainly sent a shock wave through markets.
Listed property sector should be able to perform better next year than it did this year, even with the threat of interest rates rising.
The Reserve Bank’s Monetary Policy Committee (MPC) left the repo rate unchanged at 5,0%, in line with the market expectations.
The Reserve Bank’s Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5%, Reserve Bank Governor Gill Marcus said on Wednesday.
"The monetary policy stance remains accommodative and appropriate, with the real policy rate remaining slightly negative. Further accommodation at this stage is constrained by the upside risks to the inflation outlook.
SA Reserve Bank governor Gill Marcus has announced that the central bank has decided to keep its repo rate unchanged at 5.0%.
As anticipated, and with an eye on rising inflation, the Monetary Policy Committee left the repo rate unchanged despite the prevailing sluggish economy, says Dr Andrew Golding, CE of the Pam Golding Property group.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.