Emira Property Fund reports that vacancies in its property portfolio dropped below 7% for the first time since 2008.

Emira Property Fund had an active six months bringing 14 projects totalling R330m to fruition. These investments are expected to significantly improve the quality of the portfolio and the sustainability of its rental income over the longer term

The Emira Property Fund has declared a 44.34 cents per participatory interest distribution for the six months ended on the 31st December 2007 – 10,6% up on the comparable period last year