Redefine strengthens its balance sheet and simplifies its asset platform with R2.3 billion divestment of RDI
Redefine Properties (JSE: RDF) continues to advance its strategic priority of strengthening its balance sheet to offset the ongoing uncertainty and negative effects of the COVID-19 pandemic.
Stor-Age Property REIT continues outperforming JSE indices with healthy dividend
JSE REIT Stor-Age, South Africa’s leading and largest self storage property fund, continued outperforming sector and JSE indices for the year to March 2020, with robust results and a 5% higher dividend of R1.12 per share reflecting the resilience of the self storage product.
Redefine’s European logistics platform set to expand its footprint in Poland
JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along with equity partners Madison International Realty and Griffin Real Estate in European Logistics Investment BV and in joint venture with its strategic development partner Panattoni Europe.
Delta Property Fund renews record number of leases; distributable cash to be invested in R200 million/year capex programme and reduce debt
Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported results for the financial year ended 29 February 2020.
Exemplar REITail delivers double-digit dividend growth of 11.9% per share
Exemplar REITail records solid double-digit dividend growth of 11.9%, with a full year dividend of 92,27 cents.
Oversubscribed STOR-AGE bookbuild raises R250 million
JSE REIT Stor-Age, South Africa’s leading and largest self storage property fund, yesterday closed an accelerated bookbuild.
Dipula drops vacancies by almost 30% and concludes R370m new leases for 29 Feb 2020 interim results
South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced results for the six months ended 29 February 2020. The Group’s performance was achieved against a backdrop of extremely weak trading conditions globally and in South Africa (“SA”).
Spear REIT posts 6.06% earnings growth amidst tough trading environment
Spear REIT Limited (SEA:SJ), the only regionally specialised Real Estate Investment Trust (REIT) listed on the JSE, reported its annual financial results today, posting 6.06% earnings growth amidst some of the toughest trading environments in recent years for the South African listed real estate sector.
Equites Property Fund annual results for the year ended 29 February 2020
Equites Property Fund Limited today announced a 9.4% increase in distributable earnings per share and dividends per share.
Octodec delivers satisfactory first half performance in recessionary environment; prepares for COVID-19 impacts on full year performance
JSE listed REIT Octodec Investments Limited, today announced a satisfactory set of results for the half year to 29 February 2020, against a rapidly degrading economic environment which translated into a slight reduction in distributable earnings to 97 cents per share.
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