Vunani Property Investment Fund (VPF) expects its distribution per linked unit to be 75c-77c in the year to June‚ from 64.51c in the previous comparative period.
The increased distribution was a result of tight management of existing assets and yield accretionary acquisitions‚ the fund said on Friday. “Management believes these factors will continue to have an enduring and sustainable impact on future distributions.”
The full-year results are expected on August 26.
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