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Shares / Re: Income Portfolio Question
« on: January 21, 2014, 10:04:30 pm »
"Tower aims to provide investors with strong investment returns, comprising a growing income stream and capital value.
http://www.eprop.co.za/profiles/item/15501-first-sa-property-fund-to-list-under-the-new-reit-structure.html
As a Reit you have to pay out at least 75% of your distributable earnings and you can’t gear above 60% of the your loan to value," he says.
http://www.bdlive.co.za/business/property/2013/03/20/reit-structure-will-bring-clarity-increase-interest
http://www.eprop.co.za/profiles/item/15501-first-sa-property-fund-to-list-under-the-new-reit-structure.html
As a Reit you have to pay out at least 75% of your distributable earnings and you can’t gear above 60% of the your loan to value," he says.
http://www.bdlive.co.za/business/property/2013/03/20/reit-structure-will-bring-clarity-increase-interest