JSE listed REIT Octodec Investments Limited today announced its full year results which were impacted by pressure on rental income growth, the lag effect of the let-up period at recent developments, and competitive pressures. A distribution of 203.4 cents per share was declared for the period.

Amdec’s expansion plans will see Melrose Arch growing to 600,000m² from its existing 225,000m².

Premium Properties Limited on Thursday announced a total distribution of 59.20 cents per linked unit for its second six-month period, ended 28 February 2010, bringing its total distribution for the full year to 111.1 cents per linked unit, up a noteworthy 16.8% from that of the prior year.