Sycom Property Fund has announced that its distributions for the 6 months ended September 2010 amounted 77.18c from 77.14c a year ago.
Hyprop has reported an 8.1% rise in distribution per combined unit to 174c for the 6 months ended June 2010 compared with 161c a year earlier.
Acucap reported headline earnings per linked unit of 229.9c for the year ended March 2010 compared with 223.64c a year ago.
Sycom Property Fund on Thursday reported headline earnings per linked unit of 148.38 cents for the year ended March 2010 compared with 131.82 cents a year ago.
Li property unit trust Sycom Property Fund on Friday posted a 9,2% increase in distributions for the six months ended September, buoyed by “good” performances from both the retail and office portfolio.
Listed property unit trust Sycom Property Fund has exceeded market expectations by delivering distribution growth of 11,1% for the year to March, compared with the equivalent figure of a year earlier.
Ascencia Ltd, which listed on the Development & Enterprise Market (DEM) of the Stock Market of Mauritius in December 2008, represents the first commercial property fund in Mauritius undertaking a capital raising exercise open to SA investors
Listed property has shone amongst South Africa’s top 100 companies, based on share-price performance
Last Tuesday Growthpoint’s price leapt 9,9% to R15,50 on a record turnover of 30m shares. This when the listed property sector lies moribund on the margins of the world’s unravelling financial markets.
Sycom Property Fund reported distributable earnings of 70.63 cents per unit for the six months ended September.
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