Investec Property Fund, (“IPF”, or “the Fund”) today announced a resilient set of results, with the full year reflecting the impact of the COVID-19 pandemic which brought with it unprecedented socio-economic and market conditions, economic weakness and uncertainty in the business environment.

Investec Property Fund (‘IPF’ or ‘the Fund’) today became the first South African real estate investment trust (REIT) to issue a sustainability-linked bond.

Investec Property Fund announced the finalisation of the sale of their 38.04% equity interest in the UK Fund to Argo Real Estate Limited, for a cash consideration of GBP35 million.

Investec Property Fund Limited (IPF or the Fund) has announced a 33.9% decline in distributable earnings yoy to 46.87cps (H1 FY20: 70.93cps) primarily due to the impact of COVID-19 related concessions and tenant failures that affected investments largely in South Africa.

Investec Property Fund Limited (IPF or the Fund) is pleased to announce H2 2020 earnings available for distributionof 75.7cps (H2 2019: 73.5cps) representing 3.0% year-on-year growth.

As per the Cautionary Announcement issued today, Investec Property Fund (IPF) is finalising the acquisition of the remaining interest in the Pan European Logistics (PEL) platform from funds managed by the Real Estate Group of Ares Management Corporation (Ares) or its affiliates.

South African REITs (real estate investment trusts) have once again excelled among the country’s top companies earning the most wealth and value for shareholders.

Investec Property Fund Limited (IPF or the Fund) today announced an interim dividend of 70.93 cents per share (cps) for the six months ended 30 September 2019 (2018: 68.81 cps).

Investec Australia Property Fund has listed on the Australian Securities Exchange (ASX) following its recent successful capital raising.

The transaction is complementary to the Fund’s existing investment into the European logistics sector.

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