Net rental and related income soared to EUR23.7 million (EUR16.2 million) while profit attributable to ordinary equity holders of the company grew to EUR18.8 million (EUR6.9 million). Headline earnings on a per share basis increased to EUR20.04cps (EUR11.07cps).

Dividend
The board has approved and notice is hereby given of a dividend per share of EUR10.48cps for the six months ended 31 December 2011.Shareholders on the South African sub-register will receive dividends in South African Rand, based on the exchange rate to be obtained by the company on or before 17 February 2012. A further announcement in this respect will be made on or before 17 February 2012.

Prospects
The group will continue to pursue further growth in recurring distributable earnings per share in the medium-term via the combination of an expected strong performance of its existing portfolio together with the acquisition and development activities reported on above as well as exploring further acquisitions and developments in Romania and in some of the other countries in the region.







2012-02-08 18:13:46