Investec Property Fund (IPF) has acquired an additional 23% interest in the Investec Argo Property Fund (UK Fund) for GBP25 million, increasing its shareholding to 33% and its total investment in the UK Fund to GBP36.7 million.

Investec Australia Property Fund (IAP or the Fund) is pleased to announce that Georgina Lynch has been appointed as an independent non-executive director of Investec Property Limited, the responsible entity of the Fund. Georgina’s appointment is effective from 1 July 2019.

Investec Australia Property Fund has listed on the Australian Securities Exchange (ASX) following its recent successful capital raising.

Investec Property Fund Limited is pleased to announce a final dividend of 73.51 cents per share (cps) for the six months ended 31 March 2019.

Investec Australia Property Fund (IAPF or the Fund) is pleased to announce a final distribution of 5.18 cents per unit (cpu) pre-withholding tax (WHT) and 4.75 cpu post-WHT (2018: 5.08 cpu pre-WHT and 4.65 cpu post-WHT).

Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of a low rise office building in Symonston, Canberra for AUD 29,750,000[1] which represents an initial yield of 6.93%.

Investec Australia Property Fund, the only inward-listed Australian REIT on the JSE, today announced an interim distribution of 5.05 AUD cents per unit (cpu) pre-withholding tax (WHT) and 4.65 cpu post-WHT (2017: 4.95 cpu pre-WHT and 4.64 cpu post-WHT).

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

Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of an industrial property in Dandenong South, Melbourne for AUD 19 450 000 which represents an initial yield of 6.3%.

The decision by Investec Australia Property Fund (the “Fund” or “IAPF”) to focus on acquiring assets that require a more hands-on management approach is starting to deliver results.

Page 1 of 6

Most Popular

Exemplar REITail Acquires Katale Square Shopping Centre

Sep 23, 2019
 JASON MCCORMICK
Real estate investment trust, Exemplar REITail, has acquired Katale Square shopping…

Mall of Africa Celebrates Launch of New Generation Pick n Pay Store

Sep 23, 2019
 MOA PNP  1
Today Mall of Africa welcomed one of South Africa's biggest grocery retailers to the…

Grit Real Estate financial results for the year-ended 30 June 2019

Sep 30, 2019
 BRONWNY CORBETT
London Stock Exchange listed Grit, the only listed Africa-focused income distribution…

Reserve Bank keeps repo rate unchanged

Sep 23, 2019
 LESETJA KGANYAGO
 South African Reserve Bank Governor Lesetja Kganyago on Thursday said this is in line…

Jump-start needed for economy, says Dr Andrew Golding

Sep 23, 2019
 DR ANDREW  GOLDING
Sentiment is a key driver of investor confidence and the residential property market is…

Please publish modules in offcanvas position.