Indluplace warns that 2019 dividends will fall by 20%

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

South Africa Headlines News

The real estate investment trust says conditions foreseen in October 2018 have ‘turned out to be considerably worse than anticipated’

Residential-focused Indluplace is concerned about SA's weak economy, as are many property groups. Picture: SUPPLIED

“Conditions foreseen at the beginning of the financial year in October 2018 have turned out to be considerably worse than anticipated,” the real estate investment trust said on Thursday.“While vacancies have been kept largely under control, this has come at substantial costs in terms of low escalations and costly incentives,” the group said.

Vacancies rose to 8.5% at the end of March, from 6.3% a year before, because of far higher vacancies at the Highveld View complex.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2019 Elections - ANALYSIS: Curiouser and Curiouser – the strange case of the 2019 electionsThis has, by any standards, been a rather strange election campaign by the major parties. The ANC is riven with factionalism, the DA spends its time attacking other parties rather than putting its own message across, and the EFF is beginning to emerge as a force bigger than just one man, Julius Malema.
Source: dailymaverick - 🏆 3. / 84 Read more »

2019 Elections - Analysis: South Africa’s foreign affairs goes missing in action in the 2019 electionBoth candidates and parties have given short shrift to explaining their positions on South Africa’s crucial foreign and international economic policies, in the about-to-wrap-up national election. But these issues are too important to be left to a couple of lines in the parties’ respective manifestos. At the same time, however, the media may have let them all off far too lightly to address the needs of voters. There is a better way. parkhurst1 How about your own poor foreign corresponding with regards to Palestine? 'A weekend flare-up of violence following several rocket attacks from Gaza...'? What about the daily physical and structural violence inflicted on 2 million illegally imprisoned people? BDSsouthafrica
Source: dailymaverick - 🏆 3. / 84 Read more »

2019 Elections: 2019 Election Results: Tracking the CountDaily Maverick and Intellidex analyst Peter Attard Montalto are joining up to track results as they unfold - barring glitches like printer melt-downs and such - in this, South Africa’s most contested elections 25 years into democracy. The pollsters have had their say, and on 8 May it’s up to the 26, 736,803 registered voters to cast their ballots before 9pm when voting stations close. And then the count’s on. We will be looking at forecasts that can be made, if any, from early partial results to the final result, looking through the party swings in certain areas and important difference between votes and actual seats, especially in tight provincial contests.
Source: dailymaverick - 🏆 3. / 84 Read more »

Buthelezi to captain Junior Boks at U-20 world champsFor the first time the junior and senior Springboks will both be captained by black Africans after Phendulani Buthelezi was named skipper of the SA Under-20 team on Tuesday.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Phendulani Buthelezi to captain Junior Boks at U-20 world champsFor the first time the junior and senior Springboks will both be captained by black Africans after Phendulani Buthelezi was named skipper of the SA Under-20 team on Tuesday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

2019 ELECTIONS: KWAZULU-NATAL: Maimane warns of potential dirty tricks at voting stationsAmid reports that the ANC’s hold on KwaZulu-Natal could be more tenuous than previously believed, the DA chose KwaMashu outside Durban as the location for one final last-ditch rally before Wednesday’s voting. Energy and spirits were high, but several senior DA figures urged vigilance at voting stations due to the fear of dirty tricks at the poll.
Source: dailymaverick - 🏆 3. / 84 Read more »

Election 2019: Political parties in final push for votesThe biggest parties are pinning their hopes on Gauteng, while the smaller ones are returning to their core constituencies.
Source: eNCA - 🏆 49. / 51 Read more »

OP-ED: Writing the 2019 Elections: South Africa has a clear choice between progress and chaosThe question of trust is key. It has to do with the integrity of the next president, coupled with capabilities, credibility, perception, and various forms of capital to effectively lead South Africa out of the incredible omnishambles of the past 10-12 years. To understand this, you would need much more than that which can be quantified or explained rationally. It requires a leap of faith, with a firm grip on problems that beset the country, the region, the global political economy — and a deep well of power to beat the resistance to progressive change. The rigging has started. Ballot boxes found near Tzaneen. IEC not to be trusted !! 👹 Think you made a decision and then built your case around it.Of the three only one has proved his integrity. Only one has proved he can govern. Only one has been shown not to be a liar. Only one has shown himself not to be racist. But it’s too difficult for you to credit Maimane This article is based on the false premise that we should vote for personalities rather than parties. Without Ramaphosa and Malema, the ANC and EFF are nothing. Without Maimane, the DA could still govern SA.
Source: dailymaverick - 🏆 3. / 84 Read more »

Your weekly horoscope: May 5 to 11 2019What do the stars hold in store for you?
Source: SundayTimesZA - 🏆 47. / 51 Read more »

[GALLERY] ANC Siyanqoba 2019: This is the last chance for hopeANC supporters flocked to the Ellis Park Stadium in Johannesburg for the party's final Siyanqoba rally, where Cyril Ramaphosa gave the keynote address.
Source: ewnupdates - 🏆 30. / 53 Read more »

Op-ed: Reproductive Justice: The missing issue in party manifestos for 2019 ElectionWomen outnumber men in South Africa, yet most political parties only pay lip service to issues of reproductive health and justice in their election manifestos. Control over their own bodies and health is the first step towards gender equality and development for South African women and girls.
Source: dailymaverick - 🏆 3. / 84 Read more »