Property In brief South Africa

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Elections 2024

Gerry Navari says the ANC will get better if they get a majority

Gerry Navari says the ANC will get better if they get a majority

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    Rebosis Property reports H1 distribution growth of 8.2%

    Rebosis Property Fund (REB) on Thursday reported first-half distribution growth of 8.2%.

    Rebosis declared an interim distribution of 52.46c for the period to end-February.

    The fund's portfolio primarily consists of early-stage‚ regionally dominant shopping centres and large‚ single-tenanted commercial offices in nodes attractive to the South African government.

    The company's property portfolio was valued at R6.99bn‚ an increase of 6.2% from the end of February 2014.

    Source: BDpro

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