Emira Property Fund today announced a distribution of 51.84 cents per Emira participatory interest (PI) for the six month period ended 31st December 2009 – up 6.3% on the previous comparable period

Emira Property Fund is busy rationalising its portfolio, redeveloping certain property assets that are well located and offer potential and disposing of non-core properties with a view to reinvesting the funds in other properties

Emira Property Fund announced a distribution of 101.25 cents per Emira participatory interest for the year ended 30th June 2009 – 10% up on the previous year

Emira Property Fund says its distribution per participatory interest has risen 10% to 101.25c for the year ended June 30 from 92.04c before.

Emira says it has recently spent R100m on on acquiring three, prime, commercial properties in Centurion's Highveld Technopark.

Emira Property Fund recently bought back 4.99m of its participatory interests (PIs) in the open market at an average price of 1 044 cents per PI for a total cost of R52m

JSE-listed, Emira Property Fund, has become the latest of four well-established South African listed property funds to the join the Global Property Research 250 Index (GPR 250).

Emira Property Fund has committed itself to further growth of it’s property portfolio this year, says CEO James Templeto

Emira participatory interest holders enjoyed a total return of 35,9% over the period, made up capital appreciation of 30% and an income return of 5,9% in respect of the distribution paid out participatory interest holders for the six months to end June 2008

Emira Property Fund announced a distribution per participatory interest for six months ended December 2008 was at 48.79 cents, up 10.04%.