Business Day: Equites rewards loyal investors for sticking by

Equites Property Fund, the SA and UK industrial real estate specialist, is rewarding investors who stuck with the stock since it listed nearly four years ago. The fund grew its distribution per share for the year to February 12.2% to 123.86c and its property portfolio expanded 30% from R6.2 bn to R8.1 bn over the same period, annual results showed on Thursday. Investment analyst Kelly Hook comments.

 

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