April 20 (Reuters) - Octodec Investments Ltd ::OCTODEC INVESTMENTS LTD - ENTERED INTO A NEW ASSET AND PROPERTY MANAGEMENT AGREEMENT WITH CITY PROPERTY ADMINISTRATION PROPRIETARY LIMITED.OCTODEC INVESTMENTS LTD - AGREEMENT REPLACES EXISTING ASSET AND PROPERTY MANAGEMENT AGREEMENT BETWEEN PARTIES WHICH WILL TERMINATE ON 30 JUNE 2018.OCTODEC INVESTMENTS LTD - IN TERMS OF NEW APMA, COMPANY SHALL BE ENTITLED TO APPOINT A FULL TIME FINANCIAL DIRECTOR..
Octodec Investments Ltd : Reviewed condensed consolidated provisional results of the group for the year ended Aug. 31 2016 . Distribution growth per share for year to Aug. 31 2016 of 6.5 pct to 201.5 cents per share . FY like-for-like growth in rental income of 5.3 pct for twelve-month period . Board of directors of Octodec declared a final cash dividend of 103.1 cents per share, for twelve months ended Aug. 31 2016 . See economic growth in South Africa to remain subdued, weak consumer and business confidence and a tough operating environment .Distributable income per share is expected to be approximately 6 pct for 2017 financial year.