Sandile Nomvete

Delta earnings slip as group seeks to reduce its reliance on SA

Government focused landlord, Delta Property Fund is looking to reduce its exposure within South Africa by diversifying property investments into other countries in southern Africa.

Delta Property Fund to reduce its debt

Black-managed Delta Property Fund has raised R658m through disposal of non-core assets to be used for debt reduction, said CEO Sandile Nomvete.

Delta Property Fund distribution surges on tight management

Black-managed Delta Property Fund was upbeat about its interim results for the six months ended August 2014 and declared 23.1% increase in distribution to 40.01 cents per linked unit.

Black-Owned property group looks for new home on the JSE

SOUTH AFRICA's black-controlled Delta Property Fund plans to establish a new sub-Saharan Africa Real Estate Fund on the JSE in June, as it expects high dividend-paying strategies to become more appealing to investors.

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