Indluplace Properties, the first residential-focused property fund to list on the main board of the JSE in 2015, is hoping that a strong balance sheet will help it through an expected tough market in 2021.                                 

The company, which has a portfolio of 9,668 rental units worth R3.8bn in lower- to middle-income areas including Randburg, Rosettenville and Yeoville, saw its dividend plunge 44% in the year to end-September in the wake of the lockdown imposed by the state to curb the spread of Covid-19...

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