Emira to trade as a Corporate REIT from 6 July
Atlantic Leaf Properties annual results for the year ended 28 February 2015
20th April 2015
Summarised audited consolidated financial results
13th May 2015
Emira to trade as a Corporate REIT
Emira Property Fund shareholders voted on Friday 8 May 2015 resoundingly in favour of its strategic conversion to an internally managed Corporate REIT, listed on the JSE. Emira will commence trading as a Corporate REIT on the JSE from Monday, 6 July 2015. At a general meeting held on Friday 8 May 2015, 99.9% of shareholders voted for the conversion.
Emira is presently a Collective Investment Scheme in Property, also known as a Property Unit Trust (PUT). By converting to a Corporate REIT, Emira will remove its external management structure permanently and move its simplified business into a new legal entity, called Emira Property Fund Limited (New Emira). New Emira will be listed on the JSE as a diversified Corporate REIT.
