Fountainhead Property Trust today declared an interim distribution of 29 cents per unit for the six-month period to 28 February 2014, representing distribution growth of 11% from the first half last year.

Friday, 30 October 2009 02:00

Shopping centres boost Fountainhead

CEO Anton Raubenheimer said yesterday Fountainhead’s strategy of owning big shopping centres, which were performing well in the recession, helped. The group, formerly called Grayprop, has a property portfolio that is valued at R7,6bn and includes interests in shopping centres such as Benmore and Centurion in Gauteng, and N1 City Mall, the Blue Route Mall and Kenilworth Centre in the Western Cape.

Please publish modules in offcanvas position.