South African specialist logistics property group Equites reported on Tuesday that its full-year distribution per share rose by 4.1% and said it will no longer undertake large-scale developments in the United Kingdom.
The group said its distribution per share – the primary measure of underlying financial performance in the listed property sector – rose to 169.60 cents in its full-year ended Feb. 28, from 162.99 cents a year earlier.
Source: Zawya
