Retail property is expected to deliver better results to investors in 2014 with offices being the weakest commercial property subsectors this year, according to Dipula Income Fund CEO Izak Petersen.
“The office sector will continue to experience more pressure than other sectors in 2014,” says Petersen. “While we’ve seen a fair amount of leasing in the
Dipula Income Fund today announced that it has agreed to acquire the Gillwell Taxi Retail Park development in East London CBD, situated in the Buffalo City Metropolitan Municipality of the Eastern Cape province.
The developement gained planning permission in December 2013 and this transaction will become effective after the centre’s condtruction is
BEE- Styled Dipula Income Fund is adding to its portfolio a R316m retail development, the Gillwell Taxi Retail Park development, in East London CBD.
JSE-Listed company Dipula Income Fund announced on Wednesday that it would acquire a shopping centre development in East London’s CBD in a R316 million deal
Coronation Asset Management has increased its holding of Dipula Income Fund A linked units to 55.19%.
The mall opened in an area where the primary catchment comprised more than 250,000 people and supplied a need which had been long awaited.
Dipula delivers full year results on forecast and grows an improved property portfolio
Dipula Income Fund today reported growth of 7.0% in combined A- and B-linked distributions for the year ended 31 August 2013, delivering on its guidance to investors.
Dipula’s final A-linked distributions increased at a preferential 5% while its final
Dipula Income Fund’s newly devloped 15 400sqm Tower Mall in the growing Jouberton and surrounds western in Klerksdorp, City of Matlosana, has opened virtually fully let. the primary catchment consists of more than 250 000 people.
The remarkable development of Eyethu Orange Farm Mall will result in the entire Orange Farm community holding a 10% stake in this 27 000sqm regional shopping mall, which is helping to transform the area into a flourishing central business district, and creating a valuable multi-faceted community asset. This