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BRIEF-Equites Property Fund sees one-year forward yield of 8.6 pct-8.8 pct
October 15, 2015 / 11:50 AM / 2 years ago

BRIEF-Equites Property Fund sees one-year forward yield of 8.6 pct-8.8 pct

Oct 15 (Reuters) - Equites Property Fund Ltd :

* Distribution of 45.42 cents per share for 6 months ended Aug. 31, 2015, which is 11.5 pct higher

* Forecast forward yield of 8.6 - 8.8 pct

* Net asset value per share growth of 10.73 pct to R12.59 for 6 months till end August 2015

* Market conditions are favourable to pursue further portfolio acquisitions Source text for Eikon: Further company coverage: (Bengaluru Newsroom +91 80 6749 1136)

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