Octodec delivers satisfactory first half performance in recessionary environment; prepares for COVID-19 impacts on full year performance
JSE listed REIT Octodec Investments Limited, today announced a satisfactory set of results for the half year to 29 February 2020, against a rapidly degrading economic environment which translated into a slight reduction in distributable earnings to 97 cents per share.
Octodec delivers guidance beating distribution growth
JSE listed REIT Octodec today announced half year results exceeding its distribution guidance despite the challenging economic, political and operating environment.
Octodec Investments delivers on target; Sets long term platform for sustainable growth
JSE listed REIT Octodec today announced full year results in line with expectations in a challenging economic, political and operating environment.
Listed-sector interest in residential real estate grows, but only a few funds built sizeable portfolios
Listed-sector interest in residential real estate grows, but only a few funds have managed to build sizeable portfolios.
Octodec navigates difficult first half, expects full year distribution growth of 6%
JSE listed REIT Octodec today announced a reasonable half year performance in a toughening business environment with muted economic growth.
October delivers 7,7% full year distribution growth
October delivers 7,7% full year distribution growth; Supported by Residential Market strength.
Octodec raises R390m to support R1bn development pipeline
JSE listed REIT Octodec, successfully raised R390 million through an accelerated bookbuild which was significantly oversubscribed.
Appetite for more specialist property listings likely
IndluPlace Properties is likely to pave the way for more specialist property listings. Redefine International’s hotel exposure is already at 20% of total assets so a separate hotel listing is the logical route.
Octodec delivers solid performance and improves total distribution per share by 9,3%
JSE listed REIT Octodec announce a solid performance for the six months to 28 February 2015.
Octodec Investments redevelopments worth R537m contribute to Pretoria CBD rejuvenation
JSE listed REIT Octodec is undertaking two new exciting development projects, 1 on Mutual and Centre Forum, for a total value of R537m.
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