Delta Property Fund is proving that government-tenanted properties can be lucrative assets‚ with the real estate investment trust (Reit) growing its full year distribution 15.7% in the year to February —...
THE transformation of the listed property sector has slowed over the past few years, with only a handful of black professionals heading funds and not enough working in the sector, many in the industry complain.
Delta Property Fund (DLT) delivered double-digit growth in distributions for the six months to August‚ thanks to it gaining more government business and careful cost management.
THERE is no doubt that Delta Property Fund CEO Sandile Nomvete, who came to the listed property sector less than two years ago, is a savvy, shrewd and entrepreneurial player in the real estate industry, locally and on the continent.
