There are opportunities for listed property companies in the industrial sector, especially in developing specialised warehousing and distribution centres, say experts.

Friday, 15 July 2016 17:29

Creative approach to doing business

Attacq is a leading capital growth fund in the real estate sector founded in 2005. It acquired the Waterfall development rights in 2008.

The development of distribution centres in SA has gained momentum in the past two years, but demand is yet to match the growing supply.

Specialist logistics property developer and landlord, Equites Property Fund Limited (“Equites”), today announced total distributions for the year ended 29 February 2016, of 96.6 cents per share – an increase of 18.3% relative to the previous year on an adjusted full year basis.

Specialist logistics property developer and landlord, Equites Property Fund Limited, today announced that the company anticipates the distribution per share for the year ended 29 February 2016 to be between 95 and 97 cents per share, which is between 55.1% and 58.3% higher than the 61.26 cents per share reported in the annual results for the year ended 28 February 2015.

Specialist logistics property developer and landlord, Equites Property Fund Limited, announced that it has raised R1,5 billion through an accelerated book build. 

Specialist industrial property developer and landlord, Equites Property Fund, announced total distributions to shareholders of 45.42 cents per share for the 6 months ended 31 August 2015, 11.5% higher than the corresponding financial period, on an adjusted 6 months basis, and exceeding the pre-listing forecasts by 4.7%.

Equites Property Fund airport land property acquisition from Dormell Properties 575 Proprietary falls through.

Specialist industrial property developer and landlord, Equites Property Fund Limited announced that it has concluded a merger with one of South Africa’s leading private property developers and owners, INTAPROP Proprietary Limited, which involves the acquisition by Equites, of a R1,9 billion industrial property portfolio from INTAPROP in return for a strategic equity holding in the listed entity.

Specialist industrial property developer and landlord, Equites Property Fund Limited (“Equites”) today announced total distributions to shareholders since listing of R69.9 million, which constitutes a R3.4 million or 5.1% increase on the pre-listing forecast.

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