Resilient Reit is putting on ice its plans to build 10 shopping centres in Nigeria, placing it among a growing number of SA companies whose African bets haven’t quite panned out.
FORTRESS Income Fund more than doubled its B-share dividend to shareholders in the six months to December, a period in which it also completed the biggest merger in South African listed property history.
RESILIENT real estate investment trust (Reit) boosted its interim dividend 25.2%, thanks to strong performances from its domestic and offshore property investments, as well as the effects of capital raisings and the weak rand.