Edition:
India

Hospitality Property Fund Ltd (HPBJ.J)

HPBJ.J on Johannesburg Stock Exchange

700.00ZAc
24 Jan 2020
Change (% chg)

-2.00 (-0.28%)
Prev Close
702.00
Open
705.00
Day's High
705.00
Day's Low
654.00
Volume
56,928
Avg. Vol
87,257
52-wk High
1,100.00
52-wk Low
654.00

Latest Key Developments (Source: Significant Developments)

Hospitality Property Fund HY Distribution Per Share Of 35.40 Cents
Thursday, 21 Nov 2019 

Nov 21 (Reuters) - Hospitality Property Fund Ltd ::SHORT-FORM UNAUDITED CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2019.HY RENTAL INCOME FOR SIX MONTHS ENDED SEPTEMBER 2019 AT R335 MILLION.HY DISTRIBUTION PER SHARE OF 35.40 CENTS FOR SIX MONTHS ENDED 30 SEPTEMBER 2019.HOTEL TRADING IS EXPECTED TO REMAIN UNDER PRESSURE UNTIL OUTLOOK ON SOUTH AFRICAN ECONOMY IMPROVES.HY INVESTMENT PROPERTY VALUE INCREASED TO R12.3 BILLION.  Full Article

Hospitality Property Fund Reports FY HEPS Of 103.15 Cents
Thursday, 23 May 2019 

May 23 (Reuters) - Hospitality Property Fund Ltd ::HOSPITALITY PROPERTY FUND LTD - DISTRIBUTION PER SHARE OF 105.39 CENTS FOR YEAR ENDED 31 MARCH 2019.HOSPITALITY PROPERTY FUND LTD - FY CONTRACTUAL REVENUE 827.6 MILLION RAND VERSUS 866.5 MILLION RAND.HOSPITALITY PROPERTY FUND LTD - FY HEADLINE EARNINGS AND DILUTED HEADLINE EARNINGS PER SHARE 103.15 CENTS.HOSPITALITY PROPERTY - FORECASTS PRESENTED ON 21 SEPT IN RELATION TO PROPOSED ACQUISITION OF TSOGO WITHDRAWN, DUE TO TRANSACTION NOT PROCEEDING.  Full Article

Tsogo Sun Updates On Proposed Disposal And Proposed Division Of Tsogo Into Gaming, Hotel Management And Property Division
Thursday, 31 May 2018 

May 31 (Reuters) - Tsogo Sun Holdings Ltd ::NEGOTIATIONS ON PROPOSED DISPOSAL OF CERTAIN CASINO PRECINCT PROPERTIES TO HOSPITALITY PROPERTY FUND ARE PROGRESSING WELL.EXPECTS TO PUBLISH DETAILED TERMS OF PROPOSED TRANSACTION AND ANTICIPATED TIMETABLE SHORTLY.PROPOSED DIVISION OF TSOGO INTO A GAMING DIVISION, HOTEL MANAGEMENT DIVISION AND PROPERTY DIVISION.INTENDS TO UNBUNDLE SOUTHERN SUN HOTELS OPERATION INTO A SEPARATE JSE LISTING.SAYS PREVIOUS GROUP CHIEF EXECUTIVE OFFICER, MARCEL VON AULOCK, HAS AGREED TO JOIN HOTEL DIVISION AS CHIEF EXECUTIVE OFFICER WITH EFFECT FROM JUNE 1.  Full Article

Hospitality Property Fund Says Rental Income For 12 Months To March 2018 Increased To R867 Million
Wednesday, 23 May 2018 

May 23 (Reuters) - Hospitality Property Fund Ltd ::FY RENTAL INCOME FOR 12 MONTHS TO MARCH 2018 INCREASED TO R867 MILLION.DISTRIBUTION PER SHARE OF 78.46 CENTS FOR SIX MONTHS TO MARCH 2018.FULLY SUBSCRIBED RIGHTS OFFER OF R1 BILLION USED TO FUND ACQUISITIONS.DECLARED A DIVIDEND OF 78.46 CENTS PER SHARE FOR SIX MONTHS ENDED 31 MARCH 2018.  Full Article

Tsogo Sun To Sell Casino Precinct Assets To Hospitality Property Fund
Friday, 2 Mar 2018 

March 2 (Reuters) - Tsogo Sun Holdings Ltd ::TSOGO SUN HOLDINGS LTD - - PROPOSED DISPOSAL TO HOSPITALITY PROPERTY FUND LIMITED, UNBUNDLING AND CAUTIONARY ANNOUNCEMENT.TSOGO SUN HOLDINGS LTD - TSOGO AND HPF HAVE AGREED TO ACQUISITION BY HPF OF CERTAIN OF CASINO PRECINCT PROPERTIES CURRENTLY OWNED BY TSOGO GROUP.TSOGO SUN HOLDINGS LTD - INITIAL AGGREGATE BASE RENTAL PAYABLE BY TENANT FOR PROPERTIES WILL BE R1.9 BILLION PER ANNUM.TSOGO SUN HOLDINGS LTD - WILL RESTRUCTURE TSOGO GROUP INTO A PROPCO (HPF) AND OPCO (TSOGO).  Full Article