Fairvest, owner of retail centres in rural areas and small towns has stood out as one of few SA property funds not seeing its returns wrecked by a weak economy and rising debt-servicing costs.

The company, which released financial results for the six months to December on Monday, said it was on track to deliver dividend growth of 4%-6% in the year to June. This is while numerous other funds forecast flat or negative dividend growth this year. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now