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August 21, 2008
18,3% distribution growth for Hospitality Property Fund B-linked unit investors
The JSE listed property loan stock company which invests exclusively in hotel and leisure properties has announced robust distribution growth of 18,3% for its B-linked units for its financial year ended 30 June 2008.
Its units in issue comprise A- and B-linked units, with A-linked units having a preferential claim to earnings with capped growth of 5% , whilst the B-linked units receive the balance of earnings.
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Posted by StaffWriter at August 21, 2008 3:31 PM