Emira Property Fund increases interim distribution 6.5% to 59.31c

2014-02-20 · Industrial Developments news

Emira Property Fund on Wednesday reported distribution growth of 6.5% to 59.31c per participating interest for the six months ended December 31 2013‚ from the previous comparable period.

Between June 2013 and December 2013 Emira’s net asset value increased by 2.5% to R13.58 per participatory interest.

The company reported that vacancies dropped to 5.1% during the period‚ from 5.6% at the end of June 2013.

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