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 extraordinary vision, 19 years in the making,…
Dipula Income Fund’s acquisition drive has improved its rental income stream, with 14 properties valued at some R1,4 billion being transferred into its portfolio in the past 14 months.
Dipula Income Fund boosted its distributable earnings by 44,1% year on year for the six-month interim period ended 28 February 2013 and has significantly progressed with its portfolio growth strategy.
The company’s half year results show an 18.5% increase in net property income and 11.8% revenue increase. It’s gearing was around 30%.
Dipula announced half year distributions per A-linked…
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 Income Fund yesterday said its 15 400sqm Tower Mall in the growing Jouberton and surrounds in Klerksdorp, will open on October 25, vitually let.
BEE property player Dipula Income Fund is on course to more than double its property portfolio from the 2011 listing base.
Dipula Income Fund’s newly developed 15 400sqm Tower Mall in the growing Jouberton area will open on 25 October 2013, virtually fully let. The developers are Landmark.
I am pleased to report that Dipula has delivered interim distribution growth and doubled its property portfolio size. Dipula boosted distributable earnings by 44,1% year on year for the interim period and has significantly progressed with its portfolio growth strategy. Distributions per A-linked unit are 41,669 cents and per B-linked unit are 29,804 cents, representing…
Dipula Income Fund is forging ahead with a strategy of growing its portfolio after acquiring R2.3 billion worth of properties since the property loan stock company listed in August 2011.
