Nearly a third of all South African listed REITS (real estate investment trusts) can be counted among the JSE’s 100 most empowered companies in 2016.

Resilient Reit is putting on ice its plans to build 10 shopping centres in Nigeria.

As if on cue, shares in the suitably named Resilient REIT roared, entrenching themselves in the pound seat, after the firm churned out yet another bumper set of earnings numbers.

Resilient REIT, formerly Resilient Property Income Fund expects that dividend per share will increase between 24% and 26% for the six months ended 31 December 2015.

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