Laurence Rapp

Vukile's interims signify 10th consecutive year of growth

Vukile Property Fund signalled its 10th consecutive year of growth, saying it had delivered on market guidance and established a decade-long track record of unbroken growth in distributions and positive performance for investors.

R207m new look for Randburg Square Mall

The famous Randburg Square Mall situated in Randburg CBD has undergone a complete overhaul and received much needed facelift from the owners, Vukile Property Fund‚ increasing footfall 20% in the last quarter of last year.

Vukile acquires stake in Synergy from Liberty Group Limited

Vukile Property Fund Limited, today announced that it has acquired a 34% stake in Synergy Income Fund Limited from Liberty Group, boosting Vukile’s investment exposure to retail property and the Western Cape region.

Vukile distribution lifts on improved portfolio composition

JSE-listed Vukile Property Fund today declared a distribution of 54.81c per linked unit which represented growth of 5.0% for the six months ended September 2013.

Growth seekers advised to take long-term view on Property Stocks

High volatility in SA's listed property sector over the past year has largely been blamed on rising bond yields, which conventional wisdom says is bad for property returns.

Vukile to maintain cautious approach as listed property sector recovers

JSE-listed property group Vukile Property Fund intends to maintain a cautious approach as the listed property sector finds its feet, accoding to CEO Laurence Rapp.

Vukile sees distribution growth and 'bulks up' asset base

Vukile Property Fund on Thursday reported that it had achieved its full year distribution growth by 5.4% to 131.59 cents per linked unit in the 2013 financial year, and had significantly "bulked up" its asset base by 26% to R7.7 billion.

Vukile Property Fund maintains growth path

JSE-listed Vukile Property Fund today reported a 26.7% increase in the profit available for distribution for the full year to 31 March 2013 to R556.4 million.

Vukile in talks to buy Wingspan property portfolio

JSE-Listed Vukile Property Fund (VKE), on April 26 announced that it was in talks to acquire Wingspan’s property portfolio comprising 5 regional shopping centres‚ either alone or together with a third party.

Vukile’s R1.4 billion acquisition boosts BEE Structure

As part of their growth and broader Black Economic Empowerment strategies, JSE-Listed Vukile Property Fund enters a R1.4 billion agreement with Encha Properties (Encha).

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