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Resilient pays out 136.23c a unit

Resilient Property Income Fund on Tuesday (6 August) declared a distribution of 136.23c per linked unit for the six months to June‚ up 12.83% from 120.74c in the comparative period a year ago.

7 Aug 2013

"Notwithstanding indirect exposure to platinum mining in the North West‚ Resilient's property portfolio performed ahead of budget‚" the company said.

"Resilient benefited from the strong performance of its listed holdings‚ particularly the offshore holdings where dividends benefited from the decline of the rand exchange rate.

Vacancies increased from 1.7% in December last year to 1.8% as at June 2013.

The largest number of vacancies was at Tubatse Crossing which was 6.6% empty at the end of June.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za