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Castleview Property Fund, which owns shopping centres, has upped its dividend for 2022 by more than two thirds, bolstered by its new asset in Cape Town and a meaningful recovery for SA’s Covid-19 battered retail sector.

Group revenue rose 16.1% to R57.6m in the year to end-February and headline earnings 72% to R19.17m, boosted by the non-recurrence of the R4.3m in rental discounts in the prior year...

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