Emira Property Fund is enhancing its portfolio of assets by investing in strategic acquisitions, redevelopments and expansions to its properties, which increase both the quality of its portfolio and its exposure to the retail sector. 

James Templeton has advised the Board of his resignation from the Fund with effect from 31 August 2015, in order to pursue personal interests outside of the listed property sector.

Emira Property Fund today announced that one of its BEE investors, Kagiso Tiso Holdings Proprietary Limited (KTH) has realised the value of its investment in Emira through a significantly oversubscribed accelerated offering of all of KTH’s 29,316,187 participatory interests (PIs) in Emira, representing 5.74% of its PIs in issue. 

Nedbank Commercial Property Finance loan enables Emira Property Fund to strengthen portfolio.

Emira Property Fund has announced details of its strategic conversion to an internally managed Corporate REIT, listed on the JSE.

Recycling capital to enhance earnings for its investors, Emira has disposed of three buildings for a combined R476 million – representing a forward yield of 6.4% and a total premium to book value of 47.4%.

Emira Property Fund delivers a 13% increase in distributable income to R330m in the six months to December from the year-earlier period.

Emira Property Fund has installed a R6 million solar farm on the roof of its Epsom Downs Shopping Centre in Bryanston, Sandton.

Emira Property Fund's access to debt capital markets remains robust, even with general lacklustre demand for listed property commercial paper (CP).

Redefine's full year results ahead of guidance delivering 8.5% distribution growth