Growthpoint Properties Limited today reported distribution growth of 8.3% for the full year to 30 June 2014, comfortably outperforming market guidance of around 7.2%.
Though concern lingers about Emira Property Fund's exposure to the older, B-grade office market.
Emira Property Fund today confirmed that it is set to increase its growth in distribution per share to 7.5% for its full year to 30 June 2014, and outperform its 6.5% half-year distribution growth.
Growthpoint Properties Limited today reported distribution growth of 8% for the six-month interim period to 31 December 2013, outperforming original market guidance.
Emira Property Fund today reported distribution growth to investors of 6.5% for its six-month period to 31 December 2013.
Growthpoint Properties Limited today reported distribution growth of 7.2% to investors for the year ended 30 June 2013, outperforming its original forecast and delivering on higher performance prospects announced at its half year.
Growthpoint Properties Australia (ASX:GOZ) announced that it has agreed to acquire a portfolio of three prime industrial property developments in Melbourne, Victoria, for a total consideration of AU$60.2 million (approximately ZAR542 million).
Growthpoint Properties Limited announced a 6.1% growth in distributions, to 139,0 cents per linked unit, for the financial year ended 30 June 2012, continuing its record of delivering distribution growth to its investors
Growthpoint Properties Australia has acquired three modern office properties and a 100% pre-committed office development for a total consideration of AUD289.5m or around R2.4bn.
Growthpoint Properties Limited delivered total return growth of 26.4% with growth of 8.1% in distributions to its investors for the financial year ended 30 June 2011

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