Merger to become effective in September 2014; Combined portfolio to be valued at R10bn and offer significant exposure to the residential sector.

Premium Properties Limited 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

Octodec Investments Limited announced a distribution of 65.1 cents per linked unit for its six-month interim period to 28 February 2010, representing an increase in distribution of 4,7% from the corresponding prior period

Friday, 23 April 2010 02:00

Premium Properties distribution up

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.

Managing Director of Premium Properties Limited Jeffrey Wapnick, attributes the pleasing results to the growth of it’s Pretoria and Jo’burg CBD property portfolio and the upgrades and redevelopment of its properties, as well as the positive office and residential letting markets

JSE-listed property loan stock Premium Properties Limited has reported a total distribution for the year to investors of 84,5 cents per linked unit, some 16.6% higher than that paid for its previous financial year.

Premium Properties Limited today announced a distribution of 40,5 cents per linked unit for its six-month interim period to 31 August 2007

Friday, 19 October 2007 02:00

Octodec delivers solid total returns

Octodec today reported a total return for the year ended 31 August 2007 of 59%

Nedbank Corporate Property Finance has provided R190 million funding for the revitalisation of the Hatfield metropolitan node

Friday, 24 August 2007 02:00

Home truths

Statements by ApexHi management last week would suggest the fund's flirtations with the residential rental market should be taken seriously. "We certainly see it as an interesting part of our business," says ApexHi MD David Rice. "It's not an easy sector to bulk up, but if we could find more [suitable stock] we would do more."

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