Falling rentals bite SA Corporate’s dividend – Business Day

SA Corporate Real Estate, which has recently rebuffed takeover offers from Dipula Income Fund and Emira Property Fund, expects distributions to fall as much as 4% in its financial year as it battles with falling rental rates due to SA’s tepid economic conditions.¬†Article by Karl Gernetzky with comment from Rahgib Davids – investment analyst at Kagiso Asset Management.
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