Emira Property Fund

International and Residential exposure helps Emira distribution growth

Emira Property Fund declared a 3.1% increase in distributions for its financial year ended June 2019, thanks to a push into the USA and local residential rental market.

SA Corporate Real Estate turns down takeover offers

SA Corporate Real Estate disclosed to the market on Monday that offers from competitors, Dipula Income Fund and Emira Property Fund were not in the best interests of the company.

SA Corporate bidding war looms as Dipula cuts in on R9bn takeover

Dipula Income Fund (JSE: DIA), one of SA’s black-owned property group, has unveiled a takeover bid for SA Corporate Real Estate (JSE: SAC), saying it intended to acquire all the linked units in the company.

Rand strengthens on Fed's chair remarks, Kganyago reappointment

The Rand firmed on Wednesday as the dollar weakened after U.S. Federal Reserve Chairman Jerome Powell highlighted risks to the U.S. economy in remarks that could bolster expectations of an interest rate cut later this month.

Emira Property Fund expands its U.S. retail arm

Emira Property Fund (JSE: EMI) has expanded its presence in the USA retail market through the acquisition of two shopping centres in Texas.

Emira’s distribution rises as diversification pays off

In spite of adverse local property fundamentals, Emira Property Fund, the only JSE-listed real estate company invested in the US, has turned in what it terms a 'robust' six months to December 2018.

Emira disposes of 25-office portfolio to BEE consortium

Emira Property Fund has sold 25 office assets to a black economic empowerment (BEE) consortium, led by Zungu Investments for R1.8bn.

Offshore Companies take the lead in SA’s Listed Property

The South African Listed Property sector is wading off many challenges including a weak economy, a volatile rand and tenant struggles. Much of the sector is now offshore which is providing support to investors returns.

Emira Property Fund spreads its wings into America

Emira Property Fund has become the first South African-based real estate investment trust (Reit) to invest directly in American property.

Emira upbeat over conversion of office block to residential units

Emira Property Fund is confident that its first asset conversion of a property from office to residential will succeed and that this will prompt the company to complete more value-enhancing property conversions.

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