Resilient Property sees H1 distribution 17-19% higher
2014-01-27 · Industrial Developments news
Resilient Property Income Fund (RES) linked unitholders were advised on Monday that that the company anticipates that the distribution per linked unit for the six months ended December 2013 will be between 17% and 19% higher than that for the six months ended December 2012.
This is mainly a result of turnover rent significantly exceeding budget and the weaker Rand which positively impacted on dividends from Resilient’s foreign investments‚ it said.
Resilient’s results will be published on or about 5 February 2014.
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