Yield-enhancing acquisitions, A-grade properties and management's hands-on approach ensured that Sycom Property Fund weathered a tough office market and continued to grow earnings.
Investec Property Fund (“the Fund”) has delivered a strong set of results for the six month period to 30 September 2012, underpinned by solid property fundamentals, with the property portfolio growing 11.8%.
Dipula Income Fund today reported it has met its forecast for the year ended 31 August 2012 as set out in the pre-listing prospectus. Total distributions for the year are 79.370 cents per A-linked unit and 60.821 cents per B-linked unit.
The Investec Property Fund announces solid maiden financial year-end results for the year ended 31 March 2012, boosted by strategic acquisitions and a strong focus on client retention
Headline earnings per share at Aveng plummeted by 34% to 70,6c in the six months to December, despite a revenue increase of 13,4% to R19,1bn.
Hyprop declares a total distribution for the year ended December of 383c per combined unit, an increase of 7.3% on the previous year.
Growthpoint posts a 6.1% rise in distribution per linked unit to 67.8c for the six months ended December 2011.
Group Five CEO Mike Upton says although the first half of the financial year was "somewhat disappointing," he is encouraged by the uptick in the order book and expects a slow recovery in the second half of the year
Esorfranki on Thursday advised that it is in negotiations to acquire the business of a development company with rights as the "turnkey developer/contractor" for an integrated mixed-use, affordable housing development on approximately 237ha of land

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.