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Dipula delivers 33% half-year growth in distributable earnings, and grows its portfolio to R5.7 billion

May 27, 2015

Dipula Income Fund today reported its half-year results reflecting a 33.2% growth in distributable earnings during the six-month interim period to 28 February 2015. Dipula’s combined growth in distribution...

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Dipula set to convert to REIT capital structure

May 13, 2015

Dipula Income Fund plans to introduce a new capital structure, converting from complicated linked units to the simpler ordinary share structure, for both its current A and B linked...

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Economic and structural headwinds choke SA busines

April 20, 2015

Slow economic growth and high operating cost inflation – especially rates and taxes, and electricity – are challenging the commercial property sector and placing strain on South African business....

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Dipula outperforms guidance to deliver full-year distributable income growth of 16%

November 12, 2014

Dipula Income Fund today reported its full-year results which reflect a 16% year-on-year growth in distributable earnings to 31 August 2014. Dipula’s combined growth in distribution per unit of...

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Dipula acquires six shopping malls for R425 million

August 21, 2014

Continuing its strategic growth, Dipula Income Fund today announced it will acquire a portfolio of six rental income producing retail properties from Redefine Properties for R425 million. The portfolio...

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Dipula delivers half-year distribution growth

May 28, 2014

Dipula Income Fund today announced its half year results which show a 45.2% increased revenue and a 40.7% surge in net property income, while its distributable earnings were higher...

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Dipula growth continues with another four properties boosting its portfolio

February 7, 2014

Dipula Income Fund has recently acquired and taken transfer of four properties for a combined R265,6 million, comprising three retail centres and an office block. Izak Petersen, CEO of...

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Dipula expect retail property to outperform again in 2014

January 16, 2014

Retail property is expected to deliver better results to investors in 2014 with offices being the weakest commercial property subsectors this year, according to Dipula Income Fund CEO Izak...

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Dipula acquires R316 million East London Gillwell Taxi Retail Park development

January 15, 2014

Dipula Income Fund today announced that it has agreed to acquire the Gillwell Taxi Retail Park development in East London CBD, situated in the Buffalo City Metropolitan Municipality of...

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Dipula delivers full year results on forecast and grows an improved property portfolio

November 14, 2013

Dipula delivers full year results on forecast and grows an improved property portfolio Dipula Income Fund today reported growth of 7.0% in combined A- and B-linked distributions for the...

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