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13-Nov-2018
(C)
Revenue for the interim period increased to R916.5 million (2017: R905 million), operating profit decreased to R698.2 million (2017: R720.4 million), total comprehensive income attributable to equity holders soared to R891 million (2017: R473.6 million), while headline earnings per share jumped to 129.07 cents per share (2017: 52.68 cents per share).



Interim dividend

Notice was given of the declaration of interim dividend number 16 of 68.80645 cents per share for the period 1 April 2018 to 30 September 2018.



Prospects and guidance

As indicated in the pre-close trading update on 28 September 2018, due to the continued deterioration of market dynamics, specifically within the South African office and industrial sectors, the Fund expects to deliver normalised DPS growth of between 5% and 5.5% for the year ended 31 March 2019. In providing this guidance, the Fund has assumed no material change to the operating environment and that no material tenant failures take place in the second half of the year.
28-Sep-2018
(Official Notice)
Shareholders are advised that Investec Property Fund is hosting a pre-close investor call prior to it entering the closed period for the 6 months ending 30 September 2018, and accordingly the investor document has been published on its website at https://archive.investec.co.za/products-and- services/investing/property-fund/investec-property-fund-investor-relations/financial-results.html



Shareholders are further advised that the Fund expects to deliver core dividend per share growth of between 5%-5.5% for the six-month period ended 30 September 2018. The Fund expects to deliver similar dividend per share growth for the year ended 31 March 2019, which is below previously indicated guidance of 6.5% to 7.5%. The slight decrease in guidance is based on the continued deterioration of market dynamics, specifically within the South African office and industrial sectors. The Fund?s portfolio of quality property and a diversified balance sheet with investments into three platforms in developed markets ensures the ability of the business to weather the environment.
20-Aug-2018
(Official Notice)
Shareholders are advised that at the 2018 Annual General Meeting (AGM) of Invprop held on 20 August 2018, all the resolutions set out in the notice and proposed at the meeting were passed, without modification, by the requisite majority of shareholders.
06-Aug-2018
(Official Notice)
Shareholders are advised that IPF has concluded a sale agreement with Equites Property Fund Limited (?Equites?), to dispose of the property situated at 117 Greenhills (the ?Property?), for a disposal price of R462 million (?Purchase Price?) (the ?Disposal?). The Purchase Price reflects an exit yield of 7.0% and represents a R25m (5.7%) premium to the current book value, assuming the Disposal becomes effective on 1 November 2018.



The Property is a 40 428 m? distribution centre let to Simba Proprietary Limited and is situated on a 101 769 m2 site in Elandsfontein, Germiston.



Rationale

The Disposal is in line with IPF?s stated strategy of value creation through the efficient recycling of capital and enables the Fund to deleverage its balance sheet on both an earnings and net asset value accretive basis. The attractively priced Disposal also provides the Fund with further balance sheet capacity to:

* take advantage of existing opportunities, being the remaining Euro 83.5 million commitment to the Fund?s Pan-European logistics platform which is delivering initial cash on cash returns in excess of 10% with further attractive growth prospects, and

* capitalise on opportunities in the direct market to the extent there is a re-pricing in line with the recent movement in the listed property sector.



Salient terms of the agreement

The Disposal is subject to the fulfilment of the following conditions precedent:

* completion of a due diligence investigation and Equites confirming it is satisfied with the results thereof;

* approval by the Competition Authorities; and

* general conditions considered ordinary in the course of property transfers.



Categorisation The Disposal is not categorisable for IPF in terms of the JSE Listings Requirements and this announcement is voluntary and for information purposes only.
27-Jul-2018
(Official Notice)
Invprop announced key leadership changes to its executive directors, which the board is confident positions the business to continue to deliver on its strategic objectives.



Chief Executive Officer (?CEO?) ? Nick Riley

Nick Riley will be stepping down as CEO of the Fund effective 1 December 2018. He will be taking on a broader role within Investec Bank Ltd.. This will inter alia include continued responsibility for Investec Property (Pty) Ltd.?s (?Investec Property?) (?The Manager?). Nick will work with the Fund?s board and the new executive over the next four months to ensure an orderly transition and hand over. Nick will remain on the board of the Fund as a non-executive director after the take up of his new role.



New Joint Chief Executive Officers ? Andrew Wooler and Darryl Mayers

Invprop, in its capacity as manager of the Fund, as well as the board of the Fund announced the appointment of Andrew Wooler and Darryl Mayers as Joint Chief Executive Officers of the Fund effective 1 December 2018.



Chief Financial Officer (?CFO?)

The Manager and board will in due course appoint a new CFO to replace Andrew Wooler. An announcement will be made at the relevant time.
29-Jun-2018
(Official Notice)
Notice is hereby given that the company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the company?s website at https://archive.investec.co.za/content/dam/investec/investec.co.za/documents/Property/Documents/Fund/ Empowerdex_InvestecPropertyFundLimited_PR17J03355.pdf
29-Jun-2018
(Official Notice)
The Annual General Meeting of Investec Property Fund Ltd. will be held at 13h30 on Monday, 20 August 2018, in the Ground Floor Video Conference Room at Investec Bank Ltd, 100 Grayston Drive, Sandton, 2196.

* The record date on which shareholders must be registered in the Fund's share register in order to attend, participate and vote at the annual general meeting is Friday, 10 August 2018.

* The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Monday, 06 August 2018.



Investec Property Fund?s Integrated Annual Report for the financial year ended 31 March 2018 and Notice of the Annual General Meeting has been issued and posted to shareholders today, 29 June 2018 and is available on the Fund?s website at https://archive.investec.co.za/content/dam/investec/investec.co.za/documents/Investec- Property/IPF/



Shareholders are advised that there are no modifications to Investec Property Fund?s financial results for the year ended 31 March 2018, as published on 15 May 2018.



The unqualified Audit Report by Ernst and Young Inc. is available for inspection at the registered offices of Investec Property Fund until the Annual General Meeting has commenced.
18-Jun-2018
(Official Notice)
Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on Tuesday, 29 May 2018 and Tuesday, 5 June 2018 relating to the declaration of the cash dividend for the year ended 31 March 2018 of 70.16237 cents per share (?Cash Dividend?) and the finalisation of the dividend re-investment alternative (?Share Re-Investment Alternative?), respectively.



Shareholders holding 116,142,533 IPF shares or 15.9% of IPF?s issued shares (prior to the election), qualifying to receive the Cash Dividend, elected to receive the Share Re-Investment Alternative, resulting in the issue of 4,890,556 new ordinary shares and the retention of R81.2 million (based on the issue price of R16.60 for the new shares) in new equity for Investec Property Fund. Accordingly, a Cash Dividend of R431.7 million is payable today in respect of 615,257,904 Investec Property Fund shares.



Dividend cheques in respect of certificated shareholders who elected to receive the Cash Dividend were posted today and share certificates in respect of certificated shareholders who elected the Share Re- Investment Alternative will be posted on Wednesday, 20 June 2018 to such shareholders, at their own risk. The Central Securities Depository Participants or broker custody accounts of dematerialised shareholders will be credited on Wednesday, 20 June 2018 with their new shares, in line with the settlement dates as indicated in the aforementioned SENS announcements.
05-Jun-2018
(Official Notice)
29-May-2018
(Official Notice)
15-May-2018
(C)
Revenue for the year grew to R1.9 billion (R1.8 billion) and operating profit increased marginally to R1.487 billion (R1.472 billion). Total comprehensive income attributable to equity holders decreased to R1.2 billion (R1.5 billion). In addition, headline earnings per share lowered to 106.41 cents per share (123.91 cents per share).



Dividend

Notice was given of the declaration of final dividend number 15 ('Cash dividend') of 70.16228 cents per share for the period 1 October 2017 to 31 March 2018.



Prospects and guidance

As communicated in the trading update, the short term outlook in South Africa remains challenging. This is expected to impact the performance of the Fund's South African portfolio in the short term, resulting in the South African portfolio delivering low single digit growth for the year ending 31 March 2019. The Fund would expect to benefit from any earlier translation of the improved sentiment in South Africa into real economic growth. The Pan-European logistics transaction is accretive to the Fund's dividend for the financial year ending 31 March 2019 and has the potential to deliver further income and capital growth as further capital is deployed, the letting and asset management strategy is executed and the attractive secular dynamics increasingly support the European logistics sector. Taking the above into account the Fund's growth in core dividend per share (excluding the Investec Australia Property Fund's antecedent dividend in FY2018) for the financial year ending 31 March 2019 is expected to be between 6.5% and 7.5%. This forecast has not been reviewed or audited by the Fund's independent external auditors.
02-May-2018
(Official Notice)
28-Mar-2018
(Official Notice)
Shareholders are advised that Investec Property Fund is hosting a pre-close investor call prior to it entering the closed period for the 12 months ending 31 March 2018, and accordingly the investor document has been published on its website at www.archive.investec.co.za/products-and- services/investing/property-fund/investec-property-fund-investor-relations/financial-results.html/new



Shareholders are further advised that the Fund?s dividend per share growth for the financial year ending 31 March 2018 is expected to be between 6% - 6.5% versus the previously indicated guidance of 7% - 8%. The slight decrease in guidance is attributable to the continued weakness of the occupier market as well as the supply/demand imbalance across certain sectors and nodes. The current market is characterised by pressure on reversions, vacancy increases and increased costs to retain and acquire tenants in the form of incentives.



Whilst this remains a challenging operating environment, demand continues to exist for quality, well located and well managed property. The Fund?s portfolio of quality property, a diversified investment base and robust balance sheet ensures the ability of the business to weather the environment. The aforementioned forecast has not been reviewed or reported on by the Fund?s auditors.
28-Mar-2018
(Official Notice)
Shareholders are advised that Investec Property Fund is hosting a pre-close investor call prior to it entering the closed period for the 12 months ending 31 March 2018, and accordingly the investor document has been published on its website at https://archive.investec.co.za/products-and- services/investing/property-fund/investec-property-fund-investor-relations/financial-results.html



Shareholders are further advised that the Fund?s dividend per share growth for the financial year ending 31 March 2018 is expected to be between 6% - 6.5% versus the previously indicated guidance of 7% - 8%.



The slight decrease in guidance is attributable to the continued weakness of the occupier market as well as the supply / demand imbalance across certain sectors and nodes. The current market is characterised by pressure on reversions, vacancy increases and increased costs to retain and acquire tenants in the form of incentives.



Whilst this remains a challenging operating environment, demand continues to exist for quality, well located and well managed property. The Fund?s portfolio of quality property, a diversified investment base and robust balance sheet ensures the ability of the business to weather the environment.
14-Mar-2018
(Official Notice)
Shareholders are advised that the Fund is in negotiations, which if successfully concluded may have a material effect on the price of Investec Property Fund?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the Fund?s securities until a further announcement is made.

19-Jan-2018
(Official Notice)
Notice is hereby given that the Company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the Company?s website at archive.investec.co.za/content/dam/investec/investec.co.za/documents/Property/Documents/F und/Empowerdex_InvestecPropertyFundLimited_PR17J03355.pdf

28-Nov-2017
(Official Notice)
In its financial results for the six months ended 30 September 2017 announced on Tuesday, 14 November 2017 (?Results Announcement?), Invprop advised its shareholders that the board was considering offering shareholders a dividend re-investment alternative in terms of which a shareholder would be entitled to elect to reinvest the cash dividend of 68.37263 cents per share (?Cash Dividend?) after the deduction of the applicable dividend withholding tax (?Net Cash Dividend?), in return for IPF shares ("Share Re-investment Alternative"), failing which they would receive the Net Cash Dividend in respect of all or part of their shareholding.



Shareholders are advised that the board has decided not to offer the Share Re-investment Alternative. Accordingly, shareholders are advised that they will receive their dividend in cash. The salient dates in respect of the Cash Dividend remain unchanged from those set out in the Results Announcement.
14-Nov-2017
(C)
21-Aug-2017
(Official Notice)
Shareholders are advised that at the 2017 Annual General Meeting (AGM) of Invprop held on 21 August 2017, all the resolutions set out in the notice and proposed at the meeting were passed, without modification, by the requisite majority of shareholders.



The special resolutions, to the extent required, will be submitted for filing with the Companies and Intellectual Property Commission in due course.
11-Aug-2017
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Ltd. on Thursday, 8 June 2017, in which Invprop announced its participation in the establishment of Izandla Property, a company set to become a leading broad-based landlord in South Africa?s property landscape.



Salient features and rationale

Pursuant to the above, Invprop has entered into agreements with Izandla Property in terms of which Invprop will seed Izandla Property by disposing of a portfolio of 17 properties (the ?Izandla Property Seed Portfolio?) for an aggregate disposal value of R586.9 million (?Disposal Consideration?) (the ?Transaction?). This represents an initial property yield of 10.4% on a fully let basis. The Disposal Consideration will be settled partly in cash and partly through the provision of the requisite funding to Izandla Property by Invprop and the Entrepreneurship Development Trust (the ?ED Trust?). The effective date of the Transaction, subject to the fulfilment of all conditions precedent described below, is 1 June 2017.



The Izandla Property Seed Portfolio comprises properties with an average value per property of approximately R35 million. The portfolio weighted average lease expiry (?WALE?) is 3.4 years (including the income support provided by Invprop ? see section 4. below) with an average escalation of 7.8% per annum and benefits from both strong quality of earnings and potential upside through redevelopment. The two largest assets (by value) are the Union Castle Building which has an international call centre operator and the Department of Public Works as anchor tenants with a WALE of 4.8 years, and Greenhill Village which is a multi-tenanted office property located in Lynwood, Pretoria. Furthermore, the Foschini building in the Johannesburg CBD presents potential future residential conversion opportunities which can be explored by Izandla. Further details of the Izandla Property Seed Portfolio are set out below in section 3. Overview of the Izandla Property Seed Portfolio.



Given Invprop?s investment into Izandla Property, the Transaction is not expected to result in a material impact on Invprop?s distribution per share for the year ending 31 March 2018. The aforegoing forecast statement and the forecast underlying such statement are the responsibility of the board of Invprop and have not been reviewed or reported on by the independent reporting accountants.
27-Jul-2017
(Official Notice)
The board of directors of Investec Property Fund is pleased to announce that the Fund has entered into an agreement with Investec Property Group Holdings (Pty) Ltd. (?Investec Property Group?) (?the Vendor?), a wholly-owned subsidiary of Investec Ltd. (?Investec?) for the acquisition of the Sumitomo building located in Jet Park, Boksburg (?Sumitomo?) or (?the Sumitomo Acquisition?). The effective date of the acquisition is 1 April 2017 (?Effective Date?).



Pirchase consideration

The purchase consideration for Sumitomo amounts to R131 893 573 payable upon transfer of the property into the name of the Fund and will be funded out of existing facilities and cash.



Conditions precedent

The Sumitomo Acquisition is unconditional.
30-Jun-2017
(Official Notice)
In accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the Company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the Company?s website at www.investec.co.za/content/dam/investec/investec.co.za/documents/Property/Documents/Fund/E mpowerdex_InvestecPropertyFundLtd_PR16J02516.pdf
30-Jun-2017
(Official Notice)
The Annual General Meeting of Invprop will be held at 09h00 on Monday, 21 August 2017, in the Auditorium at Investec Bank Ltd., 100 Grayston Drive, Sandton, 2196.



i) a. The record date on which shareholders must be registered in the Fund's share register in order to attend, participate and vote at the annual general meeting is Friday, 11 August 2017.

b. The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Monday, 7 August 2017.

ii) The Invprop?s 2017 Annual Report for the year ended 31 March 2017 and Notice of the Annual General Meeting has been issued and posted to shareholders today, 30 June 2017 and is available on the Fund?s website at www.investec.co.za/products-and- services/investing/property-fund/investec-property-fund-investor-relations/financial-results.html

iii) Shareholders are advised that there are no modifications to the financial results for the year ended 31 March 2017 for Invprop, as published on 17 May 2017.

iv) The unqualified Audit Report by Ernst and Young Inc is available for inspection at the registered offices of Invprop until the Annual General Meeting has commenced.
22-Jun-2017
(Official Notice)
Investec Property Fund shareholders (?Shareholders?) are referred to the announcement released by the Fund on the Stock Exchange News Service of the JSE Ltd. on Wednesday, 24 May 2017, in which the Fund advised Shareholders that it had entered into a renewal and variation agreement (?Agreement?) with Investec Property (Pty) Ltd. (the ?Manager?), in order to amend the terms and extend the duration of the existing asset management and property management agreement with the Manager, subject to the requisite Shareholder approval.



Shareholders are advised that at the general meeting of Shareholders of Investec Property Fund Ltd., held on Thursday, 22 June 2017 (?General Meeting?), the resolution set out in the notice and proposed at the meeting was passed, without modification, by the requisite majority of Shareholders, and as a result, the Agreement is now unconditional.



08-Jun-2017
(Official Notice)
26-May-2017
(Official Notice)
In its financial results for the year ended 31 March 2017 announced on Wednesday 17 May 2017 (?results announcement?), Investec Property Fund advised its shareholders that the board was considering offering shareholders a dividend re-investment alternative in terms of which a shareholder would be entitled to elect to receive the final dividend of 66.738 cents per share (?Cash Dividend?) for the period 1 October 2016 to 31 March 2017, in return for IPF shares.



Shareholders are now advised that, based on current market conditions and pricing of IPF shares, the board has decided not to offer the election for shareholders to re-invest the Cash Dividend in return for IPF shares. Accordingly, shareholders are advised that they will only be able to receive their dividend in cash.



The salient dates in respect of the Cash Dividend remain unchanged from those set out in the results announcement.
24-May-2017
(Official Notice)
17-May-2017
(C)
Revenue for the year grew to R1.8 billion (R1.2 billion) and operating profit jumped to R1.5 billion (R1.0 billion). Total comprehensive income attributable to equity holders increased to R1.5 billion (R1.1 billion). In addition, headline earnings per share lowered to 123.91 cents per share (165.24 cents per share)



Dividend

Notice is hereby given of the declaration of final dividend number 13 of 66.73800 cents per share for the period 1 October 2016 to 31 March 2017.



Company prospects and guidance

The full year dividend of 127.65 cents per share exceeds market consensus and the guidance provided in FY2016 and guidance given at interim results.



The dividend guidance indicated the dividend for the full year ending 31 March 2017, would be flat. The outperformance of 2.4% was generated by the performance of the base portfolio, focused asset management and the performance of the acquisitions in line with expectations.



The growth in dividend per share will normalise to historical levels and the Fund expects dividend growth of 7% - 8% for the year ending 31 March 2018.



This forecast is based on the assumption that over the course of the next 12 months, no further local or offshore acquisitions are concluded, the macroeconomic environment will not deteriorate markedly, no major corporate failures will occur, budgeted renewals will be concluded, that clients will be able to absorb the recovery of rising rates and utility costs and that the ZAR/AUD exchange rate will remain at similar levels to the current levels. Budgeted rental income was based on contractual escalations and market-related renewals.



The information and opinions contained above are recorded and expressed in good faith and are based upon sources believed to be reliable. No representation, warranty, undertaking or guarantee of whatever nature is made or given with regards to the accuracy and/or completeness of such information and/or the correctness of such opinions.
16-Nov-2016
(C)
Revenue for the interim period grew to R893.6 million (2015: R507.8 million) and operating profit rose to R738.0 million (2015: R400.8 million). Total comprehensive income attributable to equity holders increased to R492.1 million (2015: R371.2 million). Furthermore, headline earnings per share decreased to 68.76 cents per share (2015: 83.47 cents per share).



Interim dividend

Notice is hereby given of the declaration of interim gross dividend number 12 ("Cash dividend") of 60.91090 cents per share for the period 1 April 2016 to 30 September 2016.



Prospects and guidance

The interim dividend of 60.91 cents per share exceeds market consensus and the guidance provided in the FY2016 results announcement.



The dividend guidance indicated that the dividend for the full year ending 31 March 2017, would be flat. The expectation was, however, for H1 to be slightly dilutive due to the comparative for H1 FY2016 not including any of the dilutionary impact for Zenprop. The outperformance of 2.2% was generated by the base portfolio, IAPF and the acquisitions performing in line with budget.



As a result the Fund expects the growth in dividend per share for the full year to 31 March 2017 to be similar to growth reported in the interim period.



The growth in dividend per share will normalise to historical levels for the period ending 31 March 2018.



This forecast is based on the assumption that over the course of the next 12 months, no further local or offshore acquisitions are concluded, the macroeconomic environment will not deteriorate markedly, no major corporate failures will occur, budgeted renewals will be concluded, that clients will be able to absorb the recovery of rising rates and utility costs and that the ZAR/AUD exchange rate will remain at similar levels to the current levels. Budgeted rental income was based on contractual escalations and market-related renewals.



The information and opinions contained above are recorded and expressed in good faith and are based upon sources believed to be reliable. No representation, warranty, undertaking or guarantee of whatever nature is made or given with regards to the accuracy and/or completeness of such information and/or the correctness of such opinions.



17-Aug-2016
(Official Notice)
Shareholders are advised that Philip Hourquebie has been appointed to the Fund?s board of directors (the ?Board?) as an independent non-executive director with effect from 16 August 2016. Mr Hourquebie will be appointed as chairman to the Audit and Risk Committee.











15-Aug-2016
(Official Notice)
Shareholders are advised that Graham R Rosenthal retired from the board with effect from the close of the annual general meeting held on 15 August 2016.



Moses M Ngoasheng, an independent non-executive director of the Fund, will assume the role of lead independent director of the Fund with immediate effect.



The Nominations Committee is in the process of considering the appointment of a new chairman to the Audit and Risk Committee.





15-Aug-2016
(Official Notice)
Shareholders are advised that at the 2016 Annual General Meeting (AGM) of Investec Property Fund Ltd held on 15 August 2016, all the resolutions set out in the notice and proposed at the meeting were passed, without modification, by the requisite majority of shareholders.



30-Jun-2016
(Official Notice)
The Annual General Meeting of Investec Property Fund Limited will be held at 09h00 on Monday, 15 August 2016, in the 4th Floor Boardroom at Investec Bank Ltd, 100 Grayston Drive, Sandton 2196.



The record date on which shareholders must be registered in the Fund's share register in order to attend, participate and vote at the annual general meeting is Friday, 5 August 2016.



The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Tuesday, 2 August 2016.



The Investec Property Fund?s 2016 Annual Report for the year ended 31 March 2016 and Notice of the Annual General Meeting has been issued and posted to shareholders today, 30 June 2016 and is available on the Fund?s website at www.investecpropertyfund.com.



Shareholders are advised that there are no modifications to the financial results for the year ended 31 March 2016 for Investec Property Fund, as published on 19 May 2016. The unqualified Audit Report by Ernst and Young Inc is available for inspection at the registered offices of Investec Property Fund until the Annual General Meeting has commenced.
19-May-2016
(C)
Revenue for the year soared to R1.195 billion (2015: R846.4 million). Operating profit jumped to R967.7 million (2015: R683.2 million), profit after taxation jumped to R1.113 billion (2015: R884.7 million), while headline earnings per share grew to 165.24 cents per share (2015: 142.17 cents per share).



Dividend

Notice is hereby given of the declaration of final gross dividend number 11 of 35.34835 cents per share for the period 22 December 2015 to 31 March 2016.



Prospects

The full year dividend of 124.66 cents per share exceeded market consensus and the guidance provided in the FY15 results announcement when adjusted for the dilutionary impact of the Zenprop transaction as per the information included in the circular dated 11 September 2015. This outperformance was generated by the base portfolio, prior year acquisitions, the Griffin Acquisition, the significant growth from IAPF year on year and the marginal benefit from the delay in the transfer of the Zenprop portfolio.



The H2 dividend of 65.03 cps, which delivered growth year on year of 0.8% reflects the dilutionary impact of the Zenprop transaction. The dilution will continue to impact H1 of FY17 and part of H2 2017. As a result the Fund expects the dividend per share for the year ending 31 March 2017 to be similar to the dividend per share reported for the year ended 31 March 2016.



The aggregate of the dividend per share for FY16 and the guidance for FY17 similarly exceeds the previous guidance and current market consensus for this comparable period. The growth In dividend per share will normalise to historical levels in the period ending 31 March 2018.
21-Dec-2015
(Official Notice)
03-Dec-2015
(Official Notice)
Further to the announcement of the declaration of a clean out dividend (?Clean Out Dividend?) which was released on the Stock Exchange News Service of the JSE Limited (?SENS?) on Tuesday, 24 November 2015, shareholders are advised that the Clean Out Dividend has been finalised.



Details

The details of the Clean Out Dividend remain unchanged from those announced in the abovementioned SENS announcement and have been included below for ease of reference. The Clean Out Dividend of 29.67986 cents per share was declared in respect of the period 1 October 2015 to the record date of the rights offer.



Other information:

*The Clean Out Dividend has been declared from income reserves

*A dividend withholding tax will be applicable on the dividend portion to all shareholders who are not exempt

*The issued share capital at the declaration date is 480,740,038



In accordance with Investec Property Fund?s status as a REIT, shareholders are advised that the dividend meets the requirements of a ?qualifying distribution? for the purposes of section 25BB of the Income Tax Act, No. 58 of 1962 (?Income Tax Act?). The dividends on the shares will be deemed to be dividends for South African tax purposes in terms of section 25BB of the Income Tax Act.



Timetable of the Clean Out Dividend

*Last date to trade in Investec Property Fund shares in order to receive the Clean Out Dividend: Thursday, 10 December 2015

*Investec Property Fund shares commence trading on the JSE ex Clean Out Dividend entitlement: Friday, 11 December 2015

*Record date for determination of shareholders entitled to receive the Clean Out Dividend (Clean Out Dividend Record Date): Friday, 18 December, 2015

*Clean Out Dividend paid/posted to certificated shareholders and accounts credited by CSDPs or brokers to dematerialised shareholders on or about: Monday, 21 December 2015









26-Nov-2015
(Official Notice)
Investec Property Fund shareholders (?Shareholders?) are referred to the announcement released on the Stock Exchange News Service (?SENS?) on Tuesday, 24 November 2015 which informed Shareholders that the Competition Commission had approved the acquisition by the Fund of the portfolio of properties (?Zenprop Portfolio?) from Zenprop and associated trusts (?Zenprop Acquisition?) without any conditions and had referred the matter to the Competition Tribunal.



The Fund informs Shareholders that the Competition Tribunal has approved the Zenprop Acquisition without any conditions and, as a result, the Zenprop Acquisition is now unconditional.



The acquisition of Friedshelf 113 (Pty) Ltd. and Double Flash Investments 51 (Pty) Ltd. which own the Design Quarter mall and the various Nicol Grove offices, will be effective from 1 December 2015 with the purchase of the letting enterprises in respect of the balance of the Zenprop Portfolio being effective on the date of transfer of the relevant properties which are expected to take place during December 2015.
24-Nov-2015
(Official Notice)
19-Nov-2015
(C)
Revenue for the interim period soared to R507.8 million (2014: R381.8 million). Operating profit jumped to R400.8 million (2014: R300.1 million), while total comprehensive income attributable to equity holders increased to R371.2 million (2014: R236.3 million). Furthermore, headline earnings per share came in higher at 83.47cps (2014: 64.20cps).



Dividend

Notice is hereby given that a gross interim dividend of 59.62549 cents per share has been declared in respect of the six months ended 30 September 2015.



Prospects

The Fund expects dividend growth on the existing portfolio in line with previous guidance. The second half dividend will, however, be impacted by the dilutionary impact of the Zenprop transaction. The extent of the dilution will depend on the date of transfer of the Zenprop portfolio, which is expected to be December 2015. This forecast is based on the assumptions that the macro-economic environment will not deteriorate markedly, no major corporate failures will occur, forecasted renewals will be concluded, that clients will be able to absorb the recovery of rising rates and utility costs and that the ZAR/AUD exchange rate remains at similar levels to the last financial year. Rental income forecast was based on contractual escalations and market related renewals. The information and views expressed above are recorded and expressed in good faith and are based upon sources believed to be reliable. No representation, warranty, undertaking or guarantee of whatever nature is made or given with regards to the accuracy and/or completeness of such information and/or the correctness of such opinions. This forecast has not been reviewed or audited by the Fund's independent external auditors.
16-Nov-2015
(Official Notice)
02-Nov-2015
(Official Notice)
Investec Property Fund shareholders (?IPF Shareholders?) are referred to the announcement released by the Fund on the Stock Exchange News Service of the JSE Ltd. (?SENS?) on Friday, 5 June 2015, in which the Fund announced that it had concluded agreements to acquire a portfolio of 22 properties from Griffin Holdings (Pty) Ltd. for an aggregate consideration of R826.4 million (?Griffin Acquisition?).



As detailed in the SENS announcement dated Wednesday, 17 June 2015, in order to facilitate the Griffin Acquisition:

* Investec Bank Ltd. (?Investec?) disposed of 35,761,709 Investec Property Fund shares at a price of R15.70 per share through a secondary placement on the market via an accelerated bookbuild process (?Bookbuild?); and

* Investec irrevocably committed to subscribe for 35,761 709 Investec Property Fund shares in terms of a vendor placement at a price equal to that achieved in the Bookbuild (?Vendor Placement Shares?).



The Griffin Acquisition is now unconditional in respect of 19 of the 22 properties, and these properties, valued at R633.3 million, have transferred to the Fund. As a result, the Fund has issued the Vendor Placement Shares for a value of R561 million at an ex-dividend price of R15.70. The balance of the purchase consideration of R71.9 million was funded using existing debt facilities.



The AGCO industrial property in Pomona, Danmar / Sabaru dealership in Longmeadow and the Commerce Corner multi-tenanted office building in Randburg (?Remaining Properties?) which have a combined value of R193.1 million, are in the process of being transferred to the Fund and IPF Shareholders will be updated once the remaining transfers have been concluded. The purchase of the Remaining Properties will be funded using existing debt facilities.
15-Oct-2015
(Official Notice)
11-Sep-2015
(Official Notice)
07-Sep-2015
(Official Notice)
Noteholders are advised that Global Credit Ratings has upgraded the national scale ratings assigned to Investec Property Fund Ltd. from A-(ZA) to A(ZA) and from A1-(ZA) to A1(ZA) in the long and short term respectively, with the outlook accorded as Stable.
18-Aug-2015
(Official Notice)
Shareholders are advised that David Alexander Jon Donald, having served as Financial Director of the Fund since its listing, has retired with effect from 17 August 2015. With the retirement of David, the Board is pleased to announce the appointment of Andrew Robert Wooler to the Board as Financial Director with effect from 17 August 2015.
11-Aug-2015
(Official Notice)
29-Jul-2015
(Official Notice)
Shareholders are advised that at the 2015 Annual General Meeting (AGM) of Invprop held on 29 July 2015, all the resolutions set out in the notice and proposed at the meeting were passed, without modification, by the requisite majority of shareholders.



The resolutions were voted on as follows:

*Total number of shares present/represented including proxies at meeting (including shares abstained from voting): 79% - 351 129 366

*Total number of shares present/represented including proxies at meeting (excluding shares abstained from voting): 78.% - 348 708 234



The special resolutions, to the extent required, will be submitted for filing with the Companies and Intellectual Property Commission in due course.
15-Jul-2015
(Official Notice)
The Annual Financial Statements of Invprop for the year ended 31 March 2015 are available for inspection at the registered office of the Issuer, as well as on the Issuer?s website, www.investecpropertyfund.com.
02-Jul-2015
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded may have a material effect on the price of the company?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made.
30-Jun-2015
(Official Notice)
The Annual General Meeting of Invprop will be held at 09h00 on Wednesday, 29 July 2015, in the 2nd Floor Executive Boardroom at Investec Bank Ltd, 100 Grayston Drive Sandown, Sandton 2196.

*The record date on which shareholders must be registered in the Fund's share register in order to attend, participate and vote at the annual general meeting is Friday, 24 July 2015.

*The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Friday, 17 July 2015.



Invprop?s 2015 Annual Report for the year ended 31 March 2015 and Notice of the Annual General Meeting has been issued and posted to shareholders on, 30 June 2015 and is available on the Fund?s website at www.investecpropertyfund.com.



Shareholders are advised that there are no modifications to the financial results for the year ended 31 March 2015 for Invprop, as published on 21 May 2015.



The unqualified Audit Report by Ernst and Young Inc is available for inspection at the registered offices of Invprop until the Annual General Meeting has commenced..
18-Jun-2015
(Official Notice)
Shareholders are advised that Khumo Lesego Shuenyane has been appointed to the Fund?s Board of Directors (the ?Board?) as an independent non-executive Director with effect from 17 June 2015. Mr Shuenyane will be appointed to the Audit and Risk Committee.



Mr Shuenyane is a member of the Institute of Chartered Accountants in England and Wales with over 23 years of experience in finance, mergers and acquisitions, private equity and corporate strategy. Between 2007 and 2013 he served as the Group Chief Mergers - Acquisitions Officer for MTN Group Ltd., and prior to that he was the head of Direct Investments at Investec Bank Ltd.



He currently allocates his time between pursuing various private equity opportunities and serving as an independent non-executive director on the boards of Investec Ltd., Investec plc, and Investec Bank Ltd.



We look forward to Mr Shuenyane?s contribution to the Fund and welcome him to the Board.
18-Jun-2015
(Official Notice)
Shareholders are referred to the Stock Exchange News Service (?SENS?) announcement released by the Fund on 17 June 2015 (?Bookbuild SENS?) detailing, inter alia, an accelerated Bookbuild placement (?Bookbuild?) by Investec Bank Ltd. (?Investec?) of ordinary shares in the Fund pursuant to the Fund?s acquisition of a portfolio of 22 properties from Griffin Holdings (Pty) Ltd. and various of its subsidiaries (?Griffin Acquisition?).



As detailed in the Bookbuild SENS, Investec has irrevocably committed to subscribe for shares in the Fund in terms of a vendor consideration placement in relation to the Griffin Acquisition at the same price as achieved in the Bookbuild which will be implemented once all of the outstanding conditions precedent have been fulfilled or waived.



The Fund is pleased to communicate to shareholders that Investec has successfully priced and closed the Bookbuild.



Bookbuild price

While there was additional appetite at lower price levels, Investec, after consultation with its advisers, has agreed on a quantum for the Bookbuild of R561 million by placing an aggregate 35,8 million shares at a price of R15.70 per share (?Bookbuild Price?).



The Bookbuild Price represents a discount of 4.8% to the closing share price of R16.50 on 17 June 2015 and a 3.8% discount to the clean 30 day VWAP to 17 June 2015.



Investec Property Fund and Investec would like to thank all participants who submitted bids and participated in the Bookbuild.



Investec Bank Ltd. acted as sole Bookrunner for the Bookbuild.
17-Jun-2015
(Official Notice)
15-Jun-2015
(Official Notice)
Shareholders are referred to the announcements released on SENS on 21 May 2015 and 29 May 2015 relating to the declaration and finalisation of the final cash dividend of 64.49652 cents (?Cash Dividend?) per Invprop share and the dividend reinvestment alternative (?Share Alternative?).



Shareholders holding 212 739 523 Invprop shares or 48.7% of Invprop shares qualifying to receive the dividend elected to receive the Share Alternative, resulting in the issue of 8 288 212 new shares, retaining R136.8 million (based on the issue price of R16.50 for the new shares) in new equity for Investec Property Fund. Accordingly, a Cash Dividend of R144.4 million is payable today in respect of 223 950 594 Invprop shares.



Dividend cheques in respect of certificated shareholders who elected to receive the Cash Dividend were posted today and share certificates in respect of certificated shareholders who elected the Share Alternative will be posted on Thursday, 18 June 2015 to certificated shareholders, at their own risk. The Central Securities Depository Participants or broker custody accounts of dematerialised shareholders will be credited on Thursday, 18 June with their new shares, in line with the settlement dates as indicated in the aforementioned SENS announcements.
05-Jun-2015
(Official Notice)
29-May-2015
(Official Notice)
21-May-2015
(C)
Net property income increased to R725.9 million (R475.4 million). Operating profit rose to R683.2 million (R443.3 million). Total comprehensive income attributable to equity holders grew to R884.4 million (R507 million). Furthermore, headline earnings per share were higher at 142.17 cents per share (142.03 cents per share).



Final dividend with the election to reinvest cash dividend for shares

Notice is hereby given of the declaration of final dividend number 8 of 64.49652 cents per share for the period 1 October 2014 to 31 March 2015.



Prospects

The Fund expects dividend growth to remain in line with core historical performance.



This forecast is based on the assumptions that the macro-economic environment will not deteriorate markedly, no major corporate failures will occur, budgeted renewals will be concluded, that clients will be able to absorb the recovery of rising rates and utility costs and that the ZAR/AUD exchange rate remains at similar levels to the current levels. Budgeted rental income was based on contractual escalations and market-related renewals.



The information and opinions contained above are recorded and expressed in good faith and are based upon sources believed to be reliable. No representation, warranty, undertaking or guarantee of whatever nature is made or given with regards to the accuracy and/or completeness of such information and/or the correctness of such opinions.



This forecast has not been reviewed or audited on by the Fund's independent external auditors.



13-May-2015
(Official Notice)
Shareholders of Invprop are advised that earnings per share for the twelve months ended 31 March 2015 are expected to be between 222.59 cents and 229.79 cents, which is between 45.2% and 49.9% higher than for the twelve months ended 31 March 2014 (?Previous Comparable Period?) of 153.30 cents.



This abovementioned increase in earnings per share is largely as a result of the conversion of the Fund?s linked unit capital structure to an all equity capital structure, by delinking the debenture and ordinary share portions of the Fund?s linked unit and capitalising the value of the debentures in the books of account of the Fund to the stated capital account (?Capital Structure Conversion?). Shareholders are referred to the Fund?s announcement on the Stock Exchange News Service (?SENS?), dated 18 July 2013, for more information on the Capital Structure Conversion.



If the Capital Structure Conversion had been in place from the beginning of the Previous Comparable Period, the Fund?s earnings per share for the twelve months ended 31 March 2015 would have been between 17.4% and 21.2% higher than the adjusted Previous Comparable Period of 153.30 cents.



Given that Invprop is a REIT, the directors are of the view that distribution per share is a more relevant measurement of financial performance and results. Accordingly in terms of paragraph 3.4(b)(vi) and 3.4(b)(vii) of the JSE Listings Requirements, the Fund will be adopting distribution per share as its financial results measurement for future trading statement purposes.



The financial results on which this trading statement is based have not been reviewed or reported on by the Fund?s auditors. The financial results for the twelve months ended 31 March 2015 are expected to be published on or about 21 May 2015.
05-Mar-2015
(Official Notice)
Investec Property Fund shareholders are referred to the announcements released by Investec Property Fund on SENS on 15 December 2014 and 21 January 2015, as well as to the circular issued on 15 December 2014 regarding the acquisition by Investec Property Fund of a portfolio of properties from Investec Property Pty Ltd (?Investec Property?), the management company of the Fund and an indirectly wholly-owned subsidiary of Investec Limited.



Investec Property Fund is pleased to advise that all conditions precedent have been fulfilled and the acquisition is now unconditional. 35 234 899 Investec Property Fund shares have been issued to Investec Property as part settlement of the purchase consideration.
28-Jan-2015
(Official Notice)
Shareholders are advised that Mr Samuel R Leon, having served on the board of Invprop since its successful listing on 14 April 2011, as CEO will relinquish his role as CEO with effect from 31 March 2015, and assume the role of Non-Executive Deputy Chairman. Sam will continue to be a member of the Funds Investment Committee, however will resign from the Funds Social and Ethics Committee.



In advance of Sam?s change in responsibilities, the board is pleased to announce the appointment of Mr. Nick Riley as CEO to the Fund, with effect from 1 April 2015. Nick will also be appointed to the Social and Ethics Committee.



Nick (35) joined the Fund on 1 April 2014, as part of the Funds executive management team. Prior to joining the Fund, Nick spent 9 years in Investec Corporate Finance, where he was a senior investment banker responsible for a number of Investec?s key client relationships, including holding responsibility for all clients within the real estate sector. Nick has an in depth knowledge of the real estate sector and the capital markets in which it operates through the execution of a combined value of R70 billion in real estate transactions during his time as an investment banker. Nick is a qualified CA (SA), CFA, PLD (Harvard).
21-Jan-2015
(Official Notice)
Invprop shareholders (?Invprop Shareholders?) are referred to the announcement released by Invprop on SENS on Monday 15 December 2014, as well as to the circular issued to Invprop Shareholders on Monday, 15 December 2014 (?Circular?), regarding the acquisition by Invprop of a portfolio of properties from Investec Property (Pty) Ltd. (?Investec Property?), the management company of the Fund and an indirectly wholly- owned subsidiary of Investec Ltd. (?Proposed Transaction?).



Results of the general meeting

Invprop Shareholders are advised that at the general meeting of Invprop Shareholders held on Wednesday, 21 January 2015 at 10h00 (?General Meeting?), all of the resolutions set out in the notice convening the General Meeting incorporated in the Circular were passed, without modification, by the requisite majority of votes.



Conditions precedent

Invprop Shareholders are advised that certain conditions precedent to the Proposed Transaction remain outstanding including the unconditional approval by the competition authorities in terms of the Companies Act 89 of 1998.



Accordingly, Investec Property and Invprop have agreed to extend the date for the fulfilment of the conditions precedent to 28 February 2015, although the Effective Date of the Proposed Transaction will remain 1 February 2015.



Invprop Shareholders will be advised when the remaining conditions precedent are fulfilled.
15-Dec-2014
(Official Notice)
20-Nov-2014
(C)
Revenue for the interim period soared to R381.8 million (2013: R262.6 million). Operating profit jumped to R300.0 million (2013: R194.5 million), while total comprehensive income attributable to equity holders skyrocketed to R236.3 million (2013: R36.7 million). Furthermore, headline earnings per share came in at 64.20cps (2013: 58.72).



Dividend

Notice is hereby given that a gross interim dividend number 7 of 54.65188 cents per share has been declared in respect of the six months ended 30 September 2014.



Prospects

The Board expects underlying property performance in the second half to remain consistent with historical growth and maintains its guidance of historical growth levels in dividend distributions for the full year.

07-Nov-2014
(Official Notice)
Invprop is pleased to announce that it has successfully completed its accelerated book build offering of new shares ("Accelerated Book Build") and the book is now closed.



There was strong demand for the Accelerated Book Build which was considerably oversubscribed. The maximum number of shares in terms of the Fund?s general issue of shares for cash authority, being 18 889 966 new Investec Property Fund shares, will be issued at a price of R15.40 per share. The price represents a 3.2% discount to the 5-day volume weighted average price and a 0.1% premium to the 30- day volume weighted average price.



The new shares are expected to be issued and listed on Tuesday, 18 November 2014 and will be entitled to the interim distribution payable by the Fund in December 2014.
07-Nov-2014
(Official Notice)
Investec Property Fund announce the launch of an accelerated offering of up to 18,889,966 Investec Property Fund shares which will be issued under the Fund?s general authority to issue shares for cash, as approved by shareholders at the annual general meeting held on 25 July 2014. The equity raise will be offered to selected investors through an accelerated book build process and is subject to pricing that is acceptable to the Fund (Accelerated Book Build).



As set out in the SENS announcement dated 6 November 2014, the Fund has entered into an agreement to acquire a property portfolio of 5 high quality properties from Investec Property Pty Ltd (Investec Acquisition). The proceeds of the Accelerated Book Build will be used to partially fund the purchase consideration of the Investec Acquisition. The book build opens with immediate effect and may close any time thereafter. Given that the Investec Property Fund shares will be issued under the Fund?s general authority, the accelerated book build is only open to public shareholders as defined in the JSE Listings Requirements. Pricing and allocations will be announced as soon as practicable following the closing of the book. Investec Bank Limited is acting as sole Bookrunner for the Accelerated Book Build.
09-Oct-2014
(Official Notice)
Shareholders are advised that the Fund is currently in negotiations, which if successfully concluded, may have a material effect on the price of the Fund's shares.



Accordingly, shareholders are advised to exercise caution when dealing in the Fund's shares until a further announcement is made.
16-Sep-2014
(Official Notice)
18-Aug-2014
(Official Notice)
Further to the announcements of 2 July 2014 and 18 July 2014, the board wished to inform shareholders that the vacancy in the Fund's board has been filled as follows:

* Graham Rosenthal, an Independent Non-Executive Director of the Fund, will assume the role of Lead Independent Director of the Fund with immediate effect.

* Moss Ngoaseng, an Independent Non-Executive Director of the Fund, was appointed to the Fund's Audit and Risk Committee with immediate effect
25-Jul-2014
(Official Notice)
Shareholders are advised that at the 2014 Annual General Meeting of Investec Property Fund Ltd held on 25 July 2014, all the resolutions set out in the notice and proposed at the meeting, with modifications and inclusive of the special resolution to ratify the allotment and issue of shares undertaken by the directors of the Fund during the accelerated book build effected on 28 November 2013, were passed by the requisite majority of shareholders. The special resolutions, to the extent required, will be submitted for filing with the Companies and Intellectual Property Commission in due course.

18-Jul-2014
(Official Notice)
Further to the notice of Mr. Crawford?s untimely passing, the Board of Directors wish to advise that Ordinary Resolution No 4 with regards to the election of Mr. Crawford as a member of the Audit and Risk Committee has been withdrawn. Shareholders are requested to delete/cross out this resolution on their proxy form. The vacancy on the Board and the various statutory and board Committees will be filled in accordance with the requirements of the Companies Act, 2008, the JSE Listings Requirements and the Memorandum of Incorporation of the Company. It is anticipated that the required appointment shall be made by 25 August 2014 and will be proposed for ratification at the next Annual General Meeting to be held in 2015.



Shareholders are referred to the announcement released on SENS on 28 November 2013 relating to the accelerated book build ( Book Build) in which the Fund raised R600 million through the issue of 41,011,620 new IPF shares.. Although the Fund did have authority in terms of the ordinary resolution passed at the AGM on 16 August 2013 to issue those linked units, the Book Build exceeded the lower limit contained in a special resolution passed at that same AGM for the purposes of the Listings Requirements of the JSE, and the Fund has accordingly been informed that, at the next AGM on 25 July 2014 and in terms of Section 61(8) of the Companies Act of 2008, a shareholder will propose that a further special resolution be passed to ratify that issue for the purposes of the Listings Requirements of the JSE. The Fund has been advised that any votes cast on that ratifying resolution by participants in the Book Build cannot be counted. Any shareholder who wishes to submit a proxy form in order to cast a vote on that ratifying resolution may use the standard form of proxy appointment which is generally available on request from the Fund or on the Fund's website.

02-Jul-2014
(Official Notice)
It is with regret that the Fund wishes to inform shareholders of the unfortunate and untimely passing of Michael Crawford, the Lead Independent Non-Executive Director of the Fund, on 30 June 2014.
27-Jun-2014
(Official Notice)
Investec Property Fund shareholders (Shareholders) are hereby advised that Investec Property Fund has entered into agreements for the acquisition of shares in the following property owning companies, the detail of which is set out in the body of this announcement:

*Bethlehem Property Development Pty Ltd (BPD) which owns the Dihlabeng Mall asset, a retail property located in Bethlehem in the Eastern Free State (Dihlabeng Mall) and is currently jointly owned by Bethcas Properties Pty Ltd (50%) and Investec Property Proprietary Limited (50%) (collectively, Dihlabeng Vendors) (Bethlehem Acquisition); and

*Lekup 6 Pty Ltd (Lekup) which owns the Foschini building, a mixed-use office and retail property situated in the heart of the Johannesburg inner city retail node, (Foschini Building) and is currently jointly owned John Alastair Legh and associated entities (50%) and Investec Property Proprietary Limited (50%) (collectively, Foschini Vendors) (Foschini Acquisition).



Conditions precedent

The Dihlabeng Acquisition is subject to the fulfillment of,inter alia, the following conditions precedent:

*The satisfactory completion of a due diligence investigation by the Fund;

*The shareholders of Bethcas Properties Proprietary Limited unanimously passing the necessary special resolution in terms of Section 112 as read with Section 115 of the Companies Act; and

*Confirmation that the transaction has been unconditionally approved by the competition authorities in terms of the Competition Act 89 of 1998.



Waiver of asset management fee

Investec Property Proprietary Limited has agreed to waive its entitlement to the asset management fee of 50 basis points in respect of the Dihlabeng Mall for a two year period from the effective date of the Bethlehem Acquisition.

26-Jun-2014
(Official Notice)
The Annual General Meeting of Investec Property Fund Ltd will be held at 09h00 on Friday, 25 July 2014, in the 2nd Floor Executive Boardroom at Investec Bank Ltd, 100 Grayston Drive Sandown, Sandton 2196.

*The record date on which shareholders must be registered in the Fund's share register in order to attend, participate and vote at the annual general meeting is Friday, 18 July 2014.

*The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Friday, 11 July 2014.



The Investec Property Fund's 2014 Annual Report for the year ended 31 March 2014 and Notice of the Annual General Meeting has been issued and posted to shareholders today, 26 June 2014 and is available on the Fund's website at www.investecpropertyfund.com. Shareholders are advised that there are no modifications to the financial results for the year ended 31 March 2014 for Investec Property Fund, as published on 22 May 2014. The unqualified Audit Report by Ernst and Young Inc is available for inspection at the registered offices of Investec Property Fund until the Annual General Meeting has commenced.
17-Jun-2014
(Official Notice)
Shareholders were referred to the announcements released on SENS on 22 May 2014 and 29 May 2014 relating to the declaration and finalisation of the interim cash dividend of 57.74400 cents ("Cash Dividend") per Invprop share and the dividend reinvestment alternative ("Share Alternative").



Shareholders holding 297 350 997 Invprop shares or 82.2% of Invprop shares qualifying to receive the dividend elected to receive the Share Alternative, resulting in the issue of 12 488 699 new shares, retaining R171.1 million (based on the discounted issue price of R13.70 for the new shares) in new equity for Invprop. Accordingly, a Cash Dividend of R37.2 million is payable on 17 June 2014 in respect of 64 411 677 Invprop shares.



Dividend cheques in respect of certificated shareholders who elected to receive the Cash Dividend were posted on 17 June 2014 and share certificates in respect of certificated shareholders who elected the Share Alternative will be posted on Thursday, 19 June 2014 to certificated shareholders at their risk. The Central Securities Depository Participants or broker custody accounts of dematerialised shareholders will be credited on Thursday, 19 June with their new shares, in line with the adjusted settlement dates as indicated in the aforementioned SENS announcements.
29-May-2014
(Official Notice)
22-May-2014
(C)
01-Apr-2014
(Official Notice)
Shareholders are referred to the SENS announcements dated 17 October 2013 and 14 November 2013 in respect of the Nicol Main Acquisition and the RPP Acquisition. Invprop advised that due diligence investigations in respect of each of these acquisitions have been successfully completed to the satisfaction of the Fund. Based on the outcomes of the due diligence investigations, the considerations payable are R302 million and R555.3 million respectively.



Furthermore, Competition Commission approval has also been granted in respect of both acquisitions. Therefore, all conditions precedent have been fulfilled and the acquisitions are now unconditional. In respect of the Nicol Main Acquisition, the acquisition of the completed Buildings A, B and C took place on transfer, being 31 March 2014 with Buildings D and E transferring to the Fund upon completion of the buildings and occupation of the premises by tenants, expected around 1 July 2014 and 1 November 2014 respectively.



In respect of the RPP Acquisition, the effective date of the acquisition was 7 March 2014, with the exception of the Barinors Vineyards property (located in the Tyger Valley node in Cape Town?s northern suburbs), the effective date of which is 2 May 2014. The funding for both acquisitions was secured at the time of the original announcements.
24-Dec-2013
(Official Notice)
Shareholders are referred to the announcement released on SENS on 28 November 2013 relating to the Fund's R600 million accelerated book build ("Accelerated Book Build"). Pursuant to the Accelerated Book Build, 41 011 620 new Invprop shares have been allotted, issued and listed at an issue price of R14.63 per share. A portion of the proceeds from the Accelerated Book Build will be allocated as an antecedent distribution in the accounts of the Fund for the period from 1 April 2013 to 4 December 2013.
28-Nov-2013
(Official Notice)
Investec Property Fund announced that it has successfully completed its accelerated book build offering of new shares ("Accelerated Book Build") and the book is now closed.



The Accelerated Book Build was oversubscribed, and as a result the amount raised has been increased to R600 million. Thus, 41 011 620 new Investec Property Fund shares will be issued at a price of R14.63 per share, representing a 5.0% discount to yesterday's closing price as well as the 30-day volume weighted average price.



The new shares are expected to be issued and listed on Thursday, 5 December 2013 and will be entitled to the interim distribution payable by the Fund on 17 December 2013.
28-Nov-2013
(Official Notice)
Investec Property Fund announces the launch of an accelerated offering of shares to raise up to R500 million, subject to pricing that is acceptable to the Fund. The shares will be issued under the Fund's general authority to issue shares for cash, as approved by shareholders at the annual general meeting held on 16 August 2013.



The equity raise will be offered to selected investors through an accelerated book build process ("Accelerated Book Build").



As set out in the Fund's interim results presentation for the six months ended 30 September 2013, the Fund has announced R1.6bn of debt-funded acquisitions and invested R235m in Investec Australia Property Fund, which will result in the Fund?s gearing increasing to 30.1%. The proceeds of the Accelerated Book Build will be used to reduce the Fund?s gearing post the acquisitions to between 20%- 25% approximately, and thus provide the Fund with added headroom to pursue further acquisitions.



The book build opens with immediate effect and may close any time thereafter. Given that the Investec Property Fund shares will be issued under the Fund's general authority, the accelerated book build is only open to public shareholders as defined in the JSE Listings Requirements.



Pricing and allocations will be announced as soon as practicable following the closing of the book.



Investec Bank Ltd. is acting as sole Bookrunner for the Accelerated Book Build.
22-Nov-2013
(Official Notice)
The announcement released on the 21 November 2013 regarding the reviewed interim condensed financial results for the six months to 30 September 2013 included reference to a dividend declared. Investec Property Fund was granted REIT status by the JSE with effect from 1 April 2013 in line with the REIT structure as provided for in the Income Tax Act, No. 58 of 1962, as amended ("Income Tax Act") and section 13 of the JSE Listings Requirements. The REIT structure is a tax regime that allows a REIT to deduct qualifying distributions paid to investors, in determining its taxable income.



The Fund's distribution of 50.4613 cents per share meets the requirements of a "qualifying distribution" for the purposes of section 25BB of the Income Tax Act ('qualifying distribution") with the result that:

* qualifying distributions received by resident Investec Property Fund shareholders must be included in the gross income of such shareholders (as a non-exempt dividend in terms of section 10(1)(k)(aa) of the Income Tax Act), with the effect that the qualifying distribution is taxable as income in the hands of the Investec Property Fund shareholder. These qualifying distributions are however exempt from dividend withholding tax;

* qualifying distributions received by non-resident Investec Property Fund shareholders will not be taxable as income and instead will be treated as ordinary dividends but which are exempt in terms of the usual dividend exemptions per section 10(1)(k) of the Income Tax Act. It should be noted that until 31 December 2013 qualifying distributions received by non-residents are not subject to dividend withholding tax. From 1 January 2014, any qualifying distribution will be subject to dividends tax.



Shareholders, both South African resident and non-resident taxpayers, are encouraged to consult their professional tax advisors with regard to their individual tax liability in this regard.
21-Nov-2013
(C)
Invprop changed their capital structure from linked unit to ordinary shares. Revenue for the interim period soared to R262.6 million (2012: R142.9 million). Operating profit jumped to R194.5 million (2012: R108.8 million), while total comprehensive income attributable to equity holders skyrocketed to R36.7 million (2012: R57 000). Furthermore, headline earnings per share came in at 11.56cps.



Distribution

An interim gross dividend declaration number 5 of 50.4613cps for the six months ended 30 September 2013



Prospects

The Board expects underlying property performance in the second half of the year to be in line with that of the first half and maintains its previous guidance of 7% to 8% growth in distributions for the full year. This forecast is based on the assumptions that the macro-economic environment will not deteriorate markedly, no major corporate failures will occur, budgeted renewals will be concluded and that clients will be able to absorb rising rates and utility costs. Budgeted rental income was based on contractual escalations and market-related renewals. The information and opinions contained above are recorded and expressed in good faith and are based upon sources believed to be reliable. No representation, warranty, undertaking or guarantee of whatever nature is made or given concerning the accuracy and/or completeness of such information and/or the correctness of such opinions.
14-Nov-2013
(Official Notice)
Invprop unitholders are advised that following the release of the financial effects of the above acquisitions, caution is no longer required to be exercised by unitholders when dealing in their securities in the Fund.
14-Nov-2013
(Official Notice)
Linked unitholders of Invprop are advised that the Fund has entered into an agreement with various vendors, ("Nicol Main Vendors") to acquire five office buildings located at 6 Bruton Road (bounded by Nicol Highway and Main Road), Bryanston ("Nicol Main Properties") known as the Nicol Main Office Park ("Nicol Main Acquisition"). The Nicol Main Properties consist of five office blocks, three of which are developed and two that are currently under construction.



Purchase consideration

The purchase consideration for the Nicol Main Acquisition is R298 435 522 payable in cash to be funded through existing debt facilities. The purchase considerations in respect of the properties still to be developed will be paid to the vendors upon completion of the building, conclusion of leases and occupation of the premises by the tenants.



Conditions Precedent

The Nicol Main Acquisition is subject to the following conditions precedent:

* The satisfactory completion of a due diligence investigation, to be performed by the Fund on each of the Nicol Main Properties; and

* Confirmation that the transaction has been unconditionally approved by the competition authorities in terms of the Competition Act 89 of 1998.
07-Nov-2013
(Official Notice)
Linked unitholders of Investec Property Fund were referred to the announcement released on SENS on 6 September 2013 advising linked unitholders that on account of a delay in the registration of the requisite special resolutions at the Companies and Intellectual Property Commission ("CIPC"), the Fund would issue revised salient dates in respect of the implementation of the delinking of the Fund's linked units, the capitalisation of the Fund?s debentures and the conversion of the Fund's ordinary par value shares to ordinary shares of no par value.



All the requisite special resolutions have now been registered by the CIPC and the Fund will proceed with the implementation of the abovementioned corporate actions in accordance with the revised salient dates outlined below:

*Publication of this finalisation announcement on SENS Thursday, 7 November 2013

*Last day to trade in existing linked units on the JSE prior to the delinking of the linked units and the capitalisation of the debentures -- Friday, 15 November 2013

*Trading in delinked ordinary shares of no par value under the new ISIN ZAE000180915 and the existing code of "IPF" to commence on Monday, 18 November 2013

*Record date for the delinking of the linked units and the capitalisation of the debentures and the increase in the authorised share capital at the close of business on Friday, 22 November 2013

*Dematerialised linked unitholders to have their accounts updated at their CSDP or broker on Monday, 25 November 2013

*Date of issue of new replacement share certificates provided that the old linked unit certificates have been surrendered by no later than 12:00 on Friday, 22 November 2013 (any certificated linked units surrendered after this date will be replaced within 5 (five) business days after receipt by the transfer secretaries) -- Monday, 25 November 2013
17-Oct-2013
(Official Notice)
Unitholders were advised to exercise caution when dealing in the Fund's securities until a further announcement regarding the pro forma financial effects of the RPP Acquisition and/or forecast financial information in relation to the RPP Portfolio is disclosed.
17-Oct-2013
(Official Notice)
06-Sep-2013
(Official Notice)
Linked unitholders of Invprop ("Linked Unitholders") were referred to the announcement released on SENS on Thursday, 18 July 2013 detailing, amongst other things, the expected salient dates and times in respect of the implementation of the delinking of Invprop's linked units, the capitalisation of the debentures and the conversion of the Fund's par value shares to ordinary shares of no par value.



Linked Unitholders were advised that the requisite special resolutions, together with all prescribed documents, were submitted to the Companies and Intellectual Property Commission ("CIPC") for filing and registration on 27 August 2013 but have not yet been registered by the CIPC as at the date of this announcement.



A further announcement detailing revised salient dates will be released on SENS once the requisite special resolutions have been registered by the CIPC.
29-Aug-2013
(Official Notice)
16-Aug-2013
(Official Notice)
Linked unitholders are advised that at the General Meeting of Shareholders of Invprop held on 16 August 2013, all the resolutions set out in the notice and proposed at the meeting were passed by the requisite majority of shareholders. The special resolutions, to the extent required, will be submitted for filing with the Companies and Intellectual Property Commission in due course.
16-Aug-2013
(Official Notice)
Linked unitholders are advised that at the 2013 annual general meeting of Invprop held on 16 August 2013, all the resolutions set out in the notice and proposed at the meeting, with modifications, were passed by the requisite majority of unitholders. The special resolutions, to the extent required, will be submitted for filing with the Companies and Intellectual Property Commission in due course.
16-Aug-2013
(Official Notice)
Linked unitholders are advised that at the General Meeting of Debenture Holders of Invprop held on 16 August 2013, all the resolutions set out in the notice and proposed at the meeting were passed by the requisite majority of debenture holders. The special resolutions, to the extent required, will be submitted for filing with the Companies and Intellectual Property Commission in due course.
18-Jul-2013
(Official Notice)
28-Jun-2013
(Official Notice)
The Annual General Meeting of Invprop will be held at 09h30 on Friday, 16 August 2013, in the 4th Floor Boardroom at Investec Bank Ltd, 100 Grayston Drive Sandown, Sandton 2196.

*The record date on which linked unitholders must be registered in the Fund's linked unitholders register in order to attend, participate and vote at the annual general meeting is Friday, 2 August 2013.

*The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Friday, 26 July 2013.



The Invprop's 2013 Annual Report for the year ended 31 March 2013 and Notice of the Annual General Meeting has been issued and posted to linked unitholders today, 28 June 2013 and is available on the Fund's website at www.investecpropertyfund.com.



Linked unitholders were advised that there are no modifications to the financial results for the year ended 31 March 2013 for Invprop, as published on 23 May 2013.

The unqualified Audit Report by Ernst and Young Inc is available for inspection at the registered offices of Invprop until the Annual General Meeting has commenced.
11-Jun-2013
(Official Notice)
Linked unitholders are advised that the Fund's application for Real Estate Investment Trust (REIT) status has been approved by the JSE. REIT status will be effective from the beginning of the Fund's financial year being 1 April 2013.
23-May-2013
(C)
Revenue increased to R375.2 million (R242.1 million). Operating profit rose to R294.6 million (R191.7 million). Total comprehensive income attributable to equity holders improved to R171 000 (R109 000). In addition, headline earnings per linked unit grew to 119.44cplu (96.32cplu).



Distribution

A final gross ordinary distribution of 53.1615cplu has been declared.



Outlook

Despite the uncertain economic outlook, highly competitive property landscape and upward pressure on administration and operating costs, the Board anticipates distribution growth in the region of 6% to 8% in the forthcoming financial year.



This forecast is based on the assumptions that the macro-economic environment will not deteriorate markedly, no major corporate failures will occur, budgeted renewals will be concluded and that clients will be able to absorb the recovery of rising rates and utility costs. Budgeted rental income was based on contractual escalations and market related renewals.
10-Apr-2013
(Media Comment)
Business Day reported that Dihlabeng Mall, Bethlehem's latest retail centre, was opened by Investec Property and Bethcas Properties on 28 March 2013 at a ribbon-cutting ceremony attended by the executive mayor and his mayoral committee. The mall has enjoyed a successful first week with turnover in excess of R14 million over the Easter weekend.
19-Mar-2013
(Official Notice)
30-Nov-2012
(Official Notice)
The board of directors of Invprop announced the appointment of Mr Luigi Luca Maria Giuricich as a non-executive director of the Invprop with effect from 1 December 2012.
15-Nov-2012
(C)
Revenue for the interim period ended 30 September shot up to R142.9 million (2011: R106.9 million). Operating profit grew to R108.8 million (2011: R84.9 million), while total comprehensive income attributable to equity holders rose to R57 000 (2011: R49 000). Furthermore, headline earnings per linked unit was higher at 51.38cplu (2011: 43.73cplu).



Distribution

An interim dividend declaration number 3 of 0.034cps and debenture interest payment number 3 of 46.8cplu totalling 46.834cplu for the six months ended 30 September 2012 was declared.



Prospects

The board expects underlying property performance in the second half of the year to be in line with that of the first half. The acquisitions made by Invprop as part of the Rights Offer will support this growth. The second half's results will be impacted by the cash drag resulting from the delay in transfer of several of these properties, which cannot be predicted with any degree of certainty for the reasons explained earlier.
05-Nov-2012
(Official Notice)
Invprop linked unitholders were referred to the announcement released on SENS on Thursday, 27 September 2012 setting out the terms of the R1.56 billion renounceable rights offer of 113,220,000 new Invprop linked units ("Rights Offer Linked Units") at an issue price of R13.82 per linked unit ("Rights Offer"). The Rights Offer closed on Friday, 2 November 2012 and the board of Directors of Investec Property Fund are pleased to advise that the results of the Rights Offer are as follows:

*The Rights Offer was 1.15 times oversubscribed;

*Linked Unitholders and their renouncees subscribed for 112 181 781 linked units in terms of their rights entitlement, comprising 99.1% of the 113 220 000 Rights Offer Linked Units offered in terms of the Rights Offer; and

*Furthermore, Linked Unitholders and their renouncees filed excess applications for 18 006 654 Rights Offer Linked Units in addition to their rights entitlements, comprising 15.9% of the 113 220 000 Rights Offer Linked Units offered in terms of the Rights Offer; increasing the total applications for Rights Offer Linked Units to 130 188 435;



The excess Rights Offer Linked Units will be allocated in an equitable manner, taking cognisance of the number of linked units held by the Linked Unitholder, including those taken up as a result of the Rights Offer, and the number of excess Rights Offer Linked Units applied for by such Linked Unitholder.



On Monday, 5 November 2012, linked unit certificates will be posted to certificated Linked Unitholders who followed their rights and the CSDP or broker accounts of dematerialised Linked Unitholders, or their renouncees, who followed their rights will be debited and updated.



On Wednesday, 7 November 2012, linked unit certificates and refund cheques will be posted to certificated Linked Unitholders in respect of successful and unsuccessful excess applications, respectively. In addition, the CSDP or broker accounts of dematerialised Linked Unitholders who have applied for excess applications will be debited and updated according to the excess applications allocated to them.
27-Sep-2012
(Official Notice)
20-Sep-2012
(Official Notice)
27-Aug-2012
(Official Notice)
Following the publication of the pro forma financial effects and forecast information of the Giuricich Acquisition and the Investec Acquisitions, unitholders are no longer required to exercise caution when dealing in Invprop linked units.
27-Aug-2012
(Official Notice)
03-Aug-2012
(Official Notice)
Linked unitholders are advised that at the 2012 annual general meeting of Invprop held on 03 August 2012, all the resolutions set out in the notice and proposed at the meeting were passed by the requisite majority of unitholders. The special resolutions, to the extent required, will be submitted for filing with the Companies and Intellectual Property Commission in due course.
09-Jul-2012
(Official Notice)
Unit holders are advised to exercise caution when dealing in the Funds securities until a full announcement regarding the forecast financial information of the Giuricich portfolio and the pro forma financial effects of the Giuricich acquisition and the Firs acquisition is made. A combined circular detailing the terms of the Giuricich acquisition (Category 1 transaction) and the related party transaction, and convening a general meeting will be posted to unit holders in due course.
09-Jul-2012
(Official Notice)
Linked unitholders were advised that the Fund has entered into an agreement with Ascension Properties Ltd. (''the buyer'') in relation to the disposal of an office property (''the disposal property'') as detailed below (''the disposal''). The effective date of the disposal shall be the date of transfer of the disposal property into the name of the buyer.



Rationale for the disposal

The Fund considers the disposal property to be a non-core asset, which is an older CBD office building with local Government tenants and will therefore be disposed of.



Disposal Consideration

The disposal consideration for the disposal property is R155,000,000, payable in cash against transfer of the disposal property into the name of the buyer. The sale proceeds will be used to invest in high quality investment properties.



Details of the disposal property

The selling price of the disposal property is above its fair market valuation as at 31 March 2012.



Conditions precedent and warranties

The disposal is subject to a due diligence, the buyer procuring financing and approval from the Competition Commission. The agreement provides for warranties and indemnities that are standard for transactions of this nature.



Pro forma financial effects of the disposal

The disposal will not have a material effect in the first year as it does not contribute more than 3% to the pro forma distribution per linked unit, pro forma earnings per linked unit, pro forma headline earnings per linked unit, pro forma net asset value per linked unit or pro forma tangible net asset value per linked unit of the Fund.



Categorisation

The disposal constitutes a Category 2 transaction in terms of the JSE listings requirements.
09-Jul-2012
(Official Notice)
29-Jun-2012
(Official Notice)
Linked unitholders are advised that Invprop's integrated annual review and financial statements for the year ended 31 March 2012 were posted to linked unitholders today, being the 29th June 2012. The financial statements contain no modifications to the audited results which were published on SENS on 17 May 2012. Notice was given that the annual general meeting of Invprop will be held at 11h00 on Friday 3 August 2012, in the 4th Floor Boardroom at Investec Bank Ltd., 100 Grayston Drive Sandown, Sandton 2196, to transact the business as stated in the notice of the annual general meeting.
21-Jun-2012
(Official Notice)
Linked unit holders were hereby advised that Invprop entered into an agreement to acquire the Nonquebela Mall Link property in Khayelitsha, Western Cape, (''the property'') from Bakoro Capital Partners Proprietary Limited for R100,5 million (''the purchase consideration'') (''the proposed transaction'').



Payment of the purchase consideration

The purchase consideration will be funded by debt.



Rationale for the proposed transaction

The proposed transaction is consistent with the fund's objective to build a quality portfolio of properties with strong contractual cash flows to enhance its retail component in order to achieve value enhancement and sustainable distributions to unitholders. Given that the tenant profile comprises 94% national retailers on a Gross Lettable Area (''GLA'') basis, which amounts to 88% of contractual rental, the property is being acquired at a yield of 9.02%, which the directors believe offers good value.



Description of the property

The property is located between the suburbs of Victoria Merge and Village 3, North Khayelitsha and is located just off Bonga Drive (M45). The mall is +/-28km by road from Cape Town CBD and +/- 15km from Cape Town International Airport. It is also located immediately adjacent to Nonquebela train station as well as the Nonquebela taxi rank and bus terminal.



The property is a retail mall providing a GLA of 7,778 msquared. The retail centre is 100% let whilst the upper level is under negotiation with Medicross for a 5 year lease to operate a clinic. Payment for the upper level will trigger only on commencement of Medicross's trading.



Conditions precedent

The proposed transaction remains subject to the fulfillment of the condition that within 120 days from 7 June 2012 the proposed transaction is approved by the Competition Commission.



Financial effects

As the purchase consideration will be funded by debt, the proposed transaction will not have a material effect in the first year as it does not contribute more than 3% to the pro forma distribution per linked unit, pro forma earnings per linked unit, pro forma headline earnings per linked unit, pro forma net asset value per linked unit or pro forma tangible net asset value per linked unit of the fund.
17-May-2012
(C)
Invprop declared their maiden final results, therefore there are no directly comparable figures. Revenue for the year ended 31 March 2012 came in at R242.1 million. Operating profit was R191.7 million, while total comprehensive income attributable to equity holders was recorded at R109 000. Furthermore, headline earnings per linked unit was 106.96 cents per linked unit.



Dividend

Notice was given of a final gross dividend declaration number two of 0.035 cents (after applying the dividend withholding tax of 15% would provide a net dividend of 0.0298 cents) and debenture interest payment number 2 of 49.252 cents per linked unit totalling 49.287 cents per linked unit for the year ended 31 March 2012.



Sustainability and prospects

Sustainability is a key business imperative for Invprop. The board will continue to manage the areas of risk that fall under its direct control and will seek to manage the property portfolio to enhance value for stakeholders and to provide quality space for our clients. Future investment will be targeted at attractive properties that provide stable rental income and good growth prospects over time. The board expects that the renewal of tenancies in the year ahead will continue to be challenging and, accordingly, client retention will remain a high priority. Given this environment, but taking the announced acquisitions into account and ignoring any future acquisitions, the board believes that Invprop should be able to deliver growth in distributions for FY2013 in the region of 8%.
15-May-2012
(Official Notice)
Mr Suliman Mahomed (aka Solly Noor) has been appointed as a non-executive director of Invprop with effect from 14 May 2012.
13-Apr-2012
(Official Notice)
Linked unit holders are hereby advised that the Invprop, a company primarily involved in property investment, has established a R1 billion domestic medium term note programme ("programme") in terms of which the fund can issue secured or unsecured notes subject to the terms and conditions established under the programme. The programme has been approved by the JSE Ltd. Following the establishment of the programme the fund has successfully issued an initial tranche of R450 million of secured listed notes, which proceeds will be used to settle the purchase consideration for the acquisitions announced by the fund.
27-Mar-2012
(Official Notice)
18-Nov-2011
(Official Notice)
17-Nov-2011
(C)
Maiden interim results showed revenue of R106.9 million. Operating profit was R84.9 million and a net attributable profit of R49 000 made. In addition, headline earnings per linked unit was 43.73c.



Distribution

An interim ordinary distribution of 43.734cplu has been declared.



Outlook

The board expects that the second half of the year will continue to present a tough challenge in respect of the renewal of tenancies and accordingly, tenant retention will remain a high priority. It is, however, confident that the fund will deliver distributions for the full year in line with the unaudited forecast of financial information provided in the prelisting statement of the fund of approximately 90 cpu. This forecast is based on the assumptions that the macro-economic environment will not deteriorate markedly, no major corporate failures will occur, budgeted renewals will be concluded and that tenants will be able to absorb the recovery of rising rates and utility costs. Budgeted rental income was based on contractual escalations and market-related renewals.
08-Nov-2011
(Official Notice)
Invprop advised that due to commitments to Transnet, Mr Brian Molefe has tendered his resignation as a director of the company with effect from 31 October 2011.
25-Oct-2011
(Official Notice)
18-Oct-2011
(Official Notice)
Linked unit holders are advised that at the general meeting of linked unit holders held on 18 October 2011, all the resolutions set out in the notice and proposed at the meeting were unanimously passed by the requisite majority of shareholders. The special resolutions, to the extent required, will be submitted for filing with the Companies and Intellectual Property Commission in due course.
07-Oct-2011
(Official Notice)
Invprop announced the appointment of Constance Mashaba as a non executive independent director with effect from 1 October 2011.
05-Oct-2011
(Official Notice)
Invprop announced the appointment of Graham Rosenthal as a non executive independent director with effect from 1 October 2011. Mr Rosenthal will act as chairman of the audit committee.
20-Sep-2011
(Official Notice)
Further to the announcement published on SENS on 5 September 2011 and in the press on 6 September 2011, linked unit holders were advised that a circular, incorporating a notice of a general meeting to be held on Tuesday, 18 October 2011 at 10:00 at 4th Floor Boardroom, Investec Bank Ltd, 100 Grayston Drive, Sandown, Sandton, 2196 was posted on 20 September 2011. The notice of general meeting contains the resolutions relating to the proposed acquisition of two properties by the Fund from a related party and the approval of directors remuneration. Further details, including the pertinent salient dates and times, are contained in the circular.
05-Sep-2011
(Official Notice)
16-Jul-2018
(X)
Investec Property Fund Ltd. is a South African Real Estate Investment Trust, which listed on the JSE in the Real Estate Holdings and Development Sector and currently comprises of 105 properties in South Africa.


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