Capital growth fund Attacq grows its net asset value per share 15.3% in the year to June.

JSE- and Luxembourg-listed MAS Real Estate, reports a strong results for the year to end-June 2016‚ marked by a 63% increase in rental income and a 34% increase.

MAS Real Estate Inc. (“MAS”), a commercial property investor, developer and operator listed on the JSE and Bourse de Luxembourg, today reported exceptional results for the year ended 30 June 2016, marked by a 63% increase in rental income and a 34% increase in final distribution to 4,50 euro cents per share.

Shareholders are advised that MAS, through its wholly-owned subsidiary, Incantada Capital S.à.r.l., has completed the acquisition of a logistics centre in Munich, Germany.

The SA Listed Property Index (SAPY) recorded a negative total return (-0.50%) for the month ended 30 November 2015. 

Attacq’s much-talked-about Mall of Africa, the largest single-phase shopping centre yet to be built in SA, is more than 90% let and on track to open its doors at Waterfall City in Midrand.

Attacq Limited, the pioneering JSE-listed capital growth property fund, today posted growth of 20.6% in net asset value for shareholders and growth in adjusted net asset value per share (NAVPS) of 17.9% for its full financial year to 30 June 2015.

Property group MAS Real Estate’s restated basic and diluted earnings per share for the interim period to end December 2014 amounts to 6.74 euro cents.

Attacq Limited, SA’s pioneering JSE-listed Real Estate Capital Growth Fund, today announced it has acquired a significant 48.75% stake in two leading shopping centres in the capital of Cyprus, Nicosia.

MAS Real Estate reported an adjusted net asset value (“NAV”) per share of 114,5 euro cents as at 31 March 2015, representing a cumulative 10,3% increase for the 9 months since the end of the previous financial year being 30 June 2014.