Real Estate Investor Magazine South Africa June 2016 | Page 37

›› IZAK PETERSEN Developer JSE diversified REIT, Dipula Income Fund, continued to weather the tough economy to post growth of 13% in distributive earnings and 7,1% in distributions per combined share for the six months to February 2016. CEO Izak Petersen says the REIT’s performance in challenging conditions is pleasing and sustainable. www.reimag.co.za COMMERCIAL ULANA VAN BILJON Developer Emira Property Fund continues to grow value in its retail property portfolio, investing over R250 million in acquiring new centres and upgrading its shopping centres. Ulana van Biljon, COO for Emira, says: “We believe that through attentive asset management, we can unlock new potential from the centre that will have a positive impact on the surrounding community ›› JON COLLEY Investment Strategist Jon Colley has been appointed as an executive director and will replace Helder Pereira as Chief Executive Officer. Jon joined IHL in January 2016 as Chief Investment Officer, with the responsibility of delivering IHL’s investment and acquisition strategy. Jon has over 20 years’ experience and comes from a strong financial background JUNE 2016 SA Real Estate Investor 35