Equites Property Fund announced an 11.8% growth in full-year distribution per share, as the value of its portfolio surged. The real estate investment trust’s portfolio grew 47.6% to R12bn during the period, thanks in part to its fledgling UK business, which now accounts for 32.7% of the portfolio. Equites Property Fund CFO Bram Goossens joined Business Day TV to discuss the company’s full-year results.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.