Vukile Property Fund, which owns shopping centres in SA, Namibia and Spain, has restored an interim dividend as rental relief granted to tenants across the portfolio dwindled.
On Tuesday, the fund declared a dividend of 40.56c in the six months to end-September, which was equivalent to R387.8m, after none was declared a year ago amid uncertainty on how the Covid-19 pandemic was going to evolve...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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