JSE diversified REIT - Dipula Income Fund (Dipula) - today announced its intention to acquire a diverse property portfolio for a purchase consideration of R1.27 billion, taking Dipula’s total portfolio value to more than R8.5 billion.

Downgrading to junk status and ongoing political tomfoolery might make South African investors a little anxious about protecting their investment portfolios against the market volatility resulting from the uncertainty created by the current environment.

JSE diversified REIT - Dipula Income Fund (Dipula) - today reported strong interim growth with a 9,5% increase in distributable earnings on the prior period.

Dipula Income Fund manages to grow its distribution per share 8% in the year to August, attributing it to organic growth and strong asset management.

JSE diversified REIT, Dipula Income Fund, continued its distribution growth trend despite the challenging property market, with an 8% increase year-on-year to 185,97 cents a share for the year to August 2016 off the back of mainly organic growth.

JSE diversified REIT, Dipula Income Fund, continued to weather the tough economy to post growth of 13% in distributable earnings and 7,1% in distributions per combined share for the six months to February 2016.

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.

While many South Africans are likely to be buying more basic goods this festive season, luxury goods targeted at high-end consumers are also set to enjoy strong sales.

Attracting over one million shoppers each month this year, Eyethu Orange Farm Mall has built a strong, successful trading record since it opened a year ago, on 28 October 2014.

Dipula Income Fund reported an increase of 33% in distributable earnings for its financial year to 31 August 2015, during a period of remarkable growth.