JSE listed EPP, Poland’s biggest retail landlord, released results for the year ended 31 December 2019, with distributable income earnings up by 9.6% and distributions of EUR 11.62 cents per share.

Growthpoint Properties (JSE: GRT) reported distributable income growth of 2.2% to R3.2bn, an increase in dividends per share of 0.2%, and a 14.9% increase in group property assets to R160.2bn for its six-month period to 31 December 2019.

JSE-listed REIT Texton Property Fund announced its results for the half-year ended 31 December 2019 and expects distributable earnings to be in line with guidance for the full year.

The coronavirus outbreak has rapidly approached global pandemic levels, and given the knock-on effects of the virus on economic growth, the fireworks in markets were inevitable.

Attacq Limited (“Attacq”), a South African-based REIT and the only property company included in the FTSE/JSE Responsible Investment Top 30 Index, today announced an interim dividend of 45.0 cents per share for the six months ended 31 December 2019.

JSE listed Spear REIT Limited announced the appointment of Mrs. Kim Pfaff-Karg as Chief Investment Officer who will join the business on the 1st of March 2020.

“We are delighted to report that the Group has achieved the targeted results in a competitive market.

Emira Property Fund today reported a 1.7% year-on-year increase in distributions for its half-year ended 31 December 2019, in line with its positive market guidance.

Growthpoint Properties has completed the R185m first-phase of its new industrial park development on KwaZulu-Natal’s major logistics and transport corridor.

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.

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