Vukile’s Spanish expansion pays dividends

PUBLISHED: Thu, 29 Nov 2018 10:32:50 GMT

Vukile Property has reported its interim financial results, declaring an increase in dividends of 7.5 per cent to 78 cents per share. The property group has also reported an increase in operating profits and total valuation of the Southern African portfolio. It also revealed that Michael Potts, has withdrawn his intention to retire by 31 March 2019 and will continue to occupy the role of financial director until further notice. Joining CNBC Africa to discuss the results is Laurence Rapp, CEO for Vukile Property Fund.

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