Octodec delivers guidance beating distribution growth

2017

Octodec delivers guidance beating distribution growth

Steady returns from existing portfolio and solid investment for future growth – 6,5% distribution growth for the 6 months to 28 February 2017 – 1,6% increase in Net Asset Value per share to R29.58 – Total property assets valued at R12.7 billion, up by R362 million – Like-for-like rental income growth of 5.5% – Profitable recycling of non-core assets continued – Developments well progressed – Two of four completed – One on Mutual – Proven demand for more upmarket residential CBD offering – Balance sheet strengthened – 104,8 cents per share interim cash dividend with reinvestment option declared



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