Delta Property Fund reports mixed results amid debt restructuring
While net operating income increased, the Reit recorded a net loss on credit losses and increased taxation
29 May 2025 - 19:11
Delta Property Fund reported a mixed financial performance for the year to end-February as it focused on restructuring debt and optimising its portfolio in response to challenging market conditions.
The group’s net operating income increased by 10.3% to R721.4m, supported by stable rental income, cost containment measures and the disposal of noncore properties, the company said on Thursday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.