Laurence Rapp, CEO of Vukile Property Fund. Picture: BUSINESS DAY
Laurence Rapp, CEO of Vukile Property Fund. Picture: BUSINESS DAY

Vukile Property Fund’s diversification strategy has paid off. The group reported a 3.5% rise in its interim dividend to 80.84c per share, boosted by a strong performance from its Spanish portfolio and a solid performance from its SA shopping centres.

Looking ahead, the group expects distribution growth of up to 5% in the coming year.

CEO Laurence Rapp joined Business Day TV to talk about the group’s future strategy.

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