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.
Empowerment, transformation, and collaboration: These are some of the themes that emerged at the annual convention of the South African Institute of Black Property Practitioners, which took place on 2 and 3 November.
Menlyn Park Shopping Centre is close to completing its ambitious R2.5 -billion redevelopment which will position it as the largest mall on the continent, and a sought-after destination for shoppers from the surrounding areas as well as farther afield.
Indluplace Properties Limited, the only residential focused REIT listed on the JSE, today announced their Annual Results for the first full year since listing in June 2015 on the Main Board of the JSE.
Mara Delta (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, announced a planned capital raise of up to US$ 193 290 648 to fund a number of recently announced, yield accretive acquisitions.
The ratings agencies have been circling for months with many fearing a downgrading to junk status, and South Africa’s economic growth rate has been narrowed from 0.8% in February to 0.5%.
JSE-listed, internationally diversified real estate investment trust Redefine Properties (JSE: RDF) has harnessed the benefits of a diversified portfolio and operational efficiencies to deliver a solid performance for the full year to end August 2016.
The Pivotal Fund Limited (‘Pivotal’), a development-focused investment fund, today reported solid results for the six months ended 31 August 2016 with a 17.35% increase in net asset value per share to R23.00, excluding deferred tax (“NAVPS”) year-on-year.
Nearly a third of all South African listed REITS (real estate investment trusts) can be counted among the JSE’s 100 most empowered companies in 2016.

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