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Trading update and withdrawal of dividend guidance

The Property Industry Group Covid-19 Update call- download

Covid-19 Update call: 30-03-2020
Redefine postpones dividend as precautionary measure to provide financial flexibility and bolster liquidity in the face of ongoing COVID-19 uncertainty

Johannesburg, 23 March 2020: Given the unprecedented and evolving market conditions brought about by the ongoing COVID-19 uncertainty, we have decided to take a number of precautionary steps to safeguard our business in the best interests of all our stakeholders.
Balance sheet management in a time of crisis

Planned leadership transition at Texton

JSE-listed Texton Property Fund today announced that it is embarking on a planned leadership transition to tailor its executive composition to its new streamlined business structures and shifting operational needs.
Impact of COVID-19 outbreak on Vukile's portfolio

Growthpoint reports a steady first half with its growth strategies paying dividends

Growthpoint Properties (JSE: GRT) reported distributable income growth of 2.2% to R3.2bn, an increase in dividends per share of 0.2%, and a 14.9% increase in group property assets to R160.2bn for its six-month period to 31 December 2019.
Texton reduces debt while delivering solid half-year operational performance

JSE-listed REIT Texton Property Fund announced its results for the half-year ended 31 December 2019 and expects distributable earnings to be in line with guidance for the full year. Texton significantly reduced its loan-to-value (LTV) ratio by 2.3% or R340.8m, taking it ...
Fairvest maintains above-inflation growth in challenging market

Highlights for the six months to 31 December 2019
Equites partners with Shoprite in strategic JV

Cape Town, 25 February 2020 – Equites Property Fund Limited (“Equites”) has concluded heads ofagreement with Africa’s largest fast-moving consumer goods retail operation, Shoprite HoldingsLimited (“Shoprite”), to establish a strategic joint venture which will facilitate ...
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SA REIT

The SA REIT Association promotes SA REITs as an investment class while addressing issues and meeting challenges within the sector. It is a representative umbrella body comprised of voluntary members of all listed SA REITs.

SA REIT was established in 2013 to represent the interests of the sector.

www.sareit.com

STAY HOME AND STAY SAFE.
For more information and support on COVID-19 please visit
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