Nedbank Corporate Property Finance jetted commercial and retail property into development orbit in the past year, fuelling momentum for this sector’s growth.
Last year’s picks: Generated over 34% return
JSE-listed property company Dipula Income Fund today announced the results of its significantly oversubscribed private placement of R650 million in new capital for the fund.
The private placement of approximately 38 million A-linked units and B-linked units will be issued at R10.45 per A-linked unit and R6.67 per B-linked unit. This is a discount of 0.5% to the closing price on the day before finalising the…
New shopping centre for Jouberton in North West Province’s mining hub
Izak Petersen, CEO of JSE-listed Dipula Income Fund, talks to Joan Muller about his love for road trips to nowhere, fishing and growing his own veggies
Continuing its aggressive portfolio growth, Dipula Income Fund today announced it intends to acquire three retail properties for R268 million.
The properties are the R169 million Tembisa Maga Mart, a 14,007sqm shopping centre development in Gauteng, the R42 million first phase Orange Farm shopping centre in Gauteng which spans 5,600sqm and the R57 million Melki Portfolio in KwaZulu-Natal of…
Continuing its aggressive portfolio growth, Dipula Income Fund recently announced it intends to acquire three retail properties for R286 million.
Dipula Income Fund today reported it has met its forecast for the year ended 31 August 2012 as set out in the pre-listing prospectus. Total distributions for the year are 79.370 cents per A-linked unit and 60.821 cents per B-linked unit.
Dipula’s total return to unitholders for the year was 30% for A-linked units and 24% for B-linked…
Dipula Income Fund recently released its maiden interim results, and the outlook is good.
