Fairvest pays full distributable income and expects increase
The company released its first results since merging with Arrowhead in January to become the largest SA-focused Reit
01 June 2022 - 11:57
Fairvest will pay out its full distributable income after releasing its first results since merging with Arrowhead in January to become the largest SA-focused real estate investment trust (Reit) and expects it to increase in its 2022 financial year.
The company announced on Wednesday, in its results for the six months to end-March, that it will pay out 61.52c for every A-class share and 21.33c for a B-class share, amounting to a total payout of R350.2m...
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