Real Estate Investor Magazine South Africa Dec/Jan 2016/17 | Page 55
WEALTH
INVESTMENT RULES FOR SUCCESS
1 Invest long term don’t trade short term
2 Remain flexible and open minded about types of
investments
3 Invest for maximum total return
4 Buy value not market trends or economic outlook
5 Diverisify in stocks and bonds, there is safety in numbers
6 Do your homework or hire wise experts to help
7 Aggressively monitor your investments
8 Learn from your mistakes
9 Don’t invest with emotion or when in panic
10 Don’t invest when fearful or negative
(Source: Franklin Templeton)
COMPANIES
Rebosis Property Fund, the JSE’s first listed black-managed
REIT, sustained strong distribution growth for the year ended
31 August 2016. The results were underpinned by a defensive
SISA NGEBULANA
CHIEF EXECUTIVE OF REBOSIS
“Going forward we will continue to execute
our strategy of building a retail focused,
resilient portfolio that yields strong income
and capital growth for our shareholders.”
www.reimag.co.za
portfolio of dominant retail assets and stable earnings growth
through its commercial office portfolio, mainly let to government.
In addition Rebosis’ investment property portfolio consisting of
UK based New Frontier Properties and local commercial office
specialist, Ascension Properties further bolstered earnings.
The Fund declared a final distribution of 62.66 cents per
share, in addition to an interim dividend of 56.79 declared in
February 2016, amounting to a total distribution of 119.45 cents
per share for the year under review, up 8.2% on the prior year’s
total distribution.
WEALTH HIGHLIGHTS
• Wills and Testaments
• Sole Proprietorships
• Exchange Rates
• Trump and Brexit Outlook
ANDREW RISSIK
MANAGING DIRECTOR OF SABLE
INTERNATIONAL FOREX
If you need to move funds across the globe
in your private capacity, we can help you
by securing far better exchange rates and
lower fees than a traditional bank can
offer you.
PRAVIN GORDHAN
FINANCE MINISTER
South Africa’s avoidance of “junk” status
from rating agencies Moody’s and Fitch,
which kept the country in the international
investment grade, was a “major collective
effort”.
DEC/JAN 2016 SA Real Estate Investor
53