Thursday, 10 March 2016 16:00

Capital & Regional dividend jumps 228%

Capital & Regional, the UK shopping centre owner, achieved a 228% increase in its total dividend declared for last year.

Texton Property Fund anticipates its dividend per share for the six months ended 31 December 2015 to be 51.38 cents per share or greater. 

Difficult economic conditions that continue to take their toll on the property sector are also posing risks to businesses that are tenants in their own premises, commonly referred to as commercial owner-occupiers.

November property statistics released by ooba, South Africa’s largest bond originator, show positive year-on-year property trends, despite weak economic conditions and a rising interest rate environment.  

Arrowhead Properties acquires Port Elizabeth retail and office property, Cleary Park, for R460m.

The results represent the first full year performance of Ascension since Rebosis acquired the asset manager of Ascension in February 2014.

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