Core dividend growth delivered in challenging environment Fund delivers total shareholder return of 21% in FY 2018

IAPF achieves AUD1.0bn portfolio value milestone through acquisitions and active asset management

Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.

Operating conditions may remain challenging but JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) continues to execute long-term strategic thinking and efficient management of its property portfolio to deliver sustained returns and value.

Tower Property Fund has announced the launch of a separate offshore company named “TPF International”.

Further to the announcement on 6 November 2017 regarding the exchange of contracts with PATRIZIA Immobilien AG for the sale of the Leopard Portfolio, comprising 66 German retail properties (the “Sale”), RDI, the FTSE 250 income focused UK-REIT, is pleased to confirm that the Sale successfully completed on 29 December 2017. 

JSE listed Echo Polska Properties (EPP) today announced results for the nine months ended 30 September 2017 (“the period”), again demonstrating continued growth in distributable earnings to €59.2 million and a distribution per share of 8.41 euro cents. 

As South Africa continues to face an increasingly harsh economic climate due to further credit downgrades and high levels of fiscal uncertainty. 

JSE listed Echo Polska Properties (EPP) today announced the acquisition of 12 major shopping centres and retail parks (M1 portfolio) in three tranches over the next three years.

Vukile Property Fund today reported 7.4% growth in dividends per share for its half-year to 30 September 2017.

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