EPP, which listed on the JSE but operates in Poland, has become the latest property fund to choose not to pay a dividend, given how the Covid-19 pandemic and resultant economic lockdowns have derailed its performance.

The company made the announcement after the release of financial results for the year to December, in which its distributable earnings declined to €50.5m (R911m) compared with the same period in 2019 financial year's €105.5m...

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