Emira Property Fund has reported a 3.1% increase in distributions for its financial year ended 30 June 2019, delivering on its market guidance and continuing its dividend growth for the second consecutive year following its successful turnaround.

Emira Property Fund is selling a sizeable R1.8bn portfolio of 25 office assets to a new majority black-owned entity, specially setup for this purpose.

Emira Property Fund today reported a total dividend of 70.65 cents per share for its half-year ended 31 December 2017. This represents a 2.5% year-on-year increase in distributions and marks Emira’s return to positive dividend growth.

Southdale in Johannesburg is undergoing a complete revamp in order to realign with the requirements and demographics of shoppers in the area.

One of Benoni's first malls, Northmead Mall, situated in busy First Street, Northmead, on the northern side of the N12, has received a complete facelift.

Friday, 20 September 2013 09:26

Northmead Mall undergoes R30m refurbishment

The 1st phase of the refurbishment, representing an investment of close on R 30million, will be completed by November 2013, while a 2nd phase focusing on the introduction of additional parking facilities and a centralised Food Court, will commence early next year.

Wednesday, 24 April 2013 15:19

Northmead Mall gets a refurbishment

One Property Holdings (OPH) in collaboration with Capstone Property Group recently announced the refurbishment of Northmead Mall in Benoni with the Phase 1 interior renewal set to be complete in April 2013. 

It seems that wherever you go these days, a newer, bigger and better shopping centre has literally risen from dust in a matter of months. The sheer number of centres in any given area provides consumers with more retail choices than ever before, and considering the nature of today’s savvy shopper, centres need to be sure they have sound marketing strategies in place to remain competitive and to attract patronage.

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