Vukile Property Fund CEO Laurence Rapp says his fund is on track to have more than 90% of its portfolio in top quality retail assets, and to receive a rerating.

The Pivotal Fund Limited (‘Pivotal’), a development focused investment fund, today reported strong growth for the financial year ended 29 February 2016 with a 23.91% increase in net asset value per share to R22.80, excluding deferred tax.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, today announced a watershed R6 billion transaction that will substantially increase the Group’s exposure to high-quality retail assets and significantly bolster its scale and liquidity.

The development of distribution centres in SA has gained momentum in the past two years, but demand is yet to match the growing supply.

Investec Property Fund announced a full year dividend of 124.66 cents per share for the year ended 31 March 2016.

Investec Australia Property Fund is pleased to announce a full year distribution of 9.17 cents per unit (cpu) pre withholding tax (WHT) and 8.92 cpu post WHT for the year ended 31 March 2016.

Atterbury Property Holdings has launched a new unlisted growth fund that will be the investment vehicle for the development company’s assets in SA, Namibia and Mauritius.

Arrowhead, the South African JSE listed REIT, has declared a dividend of 20,76 cents per share for the three months ended 31 March 2016.

Delta Property Fund (“Delta” or “the Fund”), a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported solid results for the financial year ended 29 February 2016.

JSE diversified REIT, Dipula Income Fund, continued to weather the tough economy to post growth of 13% in distributable earnings and 7,1% in distributions per combined share for the six months to February 2016.

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