The Covid-19 pandemic has halted Dipula Income Fund’s plans to review its portfolio, including selling its nonperforming assets, with potential buyers unable to finance deals. SA has been on lockdown for about two months, halting economic activities.

Dipula’s property portfolio of 190 properties — including offices, retail and industrial buildings — was valued at R8.9bn, an increase of 3.6%...

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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now