Emira property Fund has announced a final distribution of 110,68 cents per Participatory Interest (PI) for the year end 30th June 2012. This is a reduction of 2,5% on the distribution for the previous comparable period

Emira Property Fund has sold some of it’s non core properties and has used the proceeds to draw down on current debt facilities and to buy back its own Participatory Interest units (PI’s) in the open market in a move which will be earnings enhancing for Emira PI unit holders

Emira Property Fund has distributed 53.81c for each Emira participatory interest for the six months ended December 2011, a 2.5% decline over the same period in 2010.

Emira property Fund has raised in excess of R260m since the commencement of its 2012 financial year on July 1, 2011 through the sale of eleven, non-core, properties in its portfolio.

Emira Property Fund’s restructured leasing strategy has delivered some positive results in recent months.

Listed property may well be beating general equities in the total return stakes for the year to date, but the August reporting season reveals a widening performance gap among the JSE’s 20-odd property counters.

Emira Property Fund has announced an increased distribution for the year ended 30th June 2011 of 113.52 cents per Emira participatory interest (PI) – 5% higher than the previous year

Emira Property Fund, a listed property unit trust, has posted a 5% rise in distributions to 113.52c for the year ended June.

Emira Property Fund, a listed property unit trust, has poured R61,1m into Growthpoint Properties Australia (Goz), an Australia-based real estate investment trust, saying the investment was earnings enhancing for unitholders of both companies.

Emira Property Fund is adding to its portfolio of properties in the prestigious Menlyn area of Pretoria