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SA Corporate reports yearly growth in net property income

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Vacancy reduction and rental growth have boosted portfolio performance

09 December 2022 – 15:58 Denise Mhlanga

JSE-listed SA Corporate Real Estate has recorded a combined 7.4% like-for-like growth in net property income across its portfolio so far in 2022.

Vacancies across the industrial, retail, residential and office portfolio were further reduced, the company said in its pre-close update on Friday, with the buoyant industrial portfolio recording strong rental growth from long-term leases…

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