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DIPULA INCOME FUND LIMITED - Transfer of Properties

Release Date: 05/08/2013 16:52
Code(s): DIA DIB     PDF:  
Wrap Text
Transfer of Properties

DIPULA INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/013963/06)
JSE share code for A-linked units: DIA
ISIN for A-linked units: ZAE000158317
JSE share code for B-linked units: DIB
ISIN for B-linked units: ZAE000158325
(Approved as a REIT by the JSE)
(“Dipula” or “the company”)


TRANSFER OF PROPERTIES

Linked unitholders are referred to previous announcements released on SENS in relation to various
acquisitions concluded by Dipula and are advised that the company has taken transfer of 14 properties with
a total value of approximately R1.4 billion since June 2012. Of the 14 properties, 8 properties valued at
approximately R675 million have transferred in the past four months, including 6 properties valued at
approximately R560 million that have transferred since 1 July 2013.

A further approximate R940 million of properties are still to be transferred. The company anticipates
taking transfer of the majority of these properties within the next few months with the balance of those
properties which are under development being transferred between April 2014 and October 2014.

As previously announced, all of Dipula’s acquisitions are consistent with its policy of improving the
overall quality of its portfolio. The full benefit of these acquisitions will be felt in the financial year
ending 31 August 2014 and beyond.

5 August 2013


Sponsor
Java Capital

Date: 05/08/2013 04:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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