BRIEF-SA Corporate Real Estate Fund Managers (Pty) Ltd FY HEPS 6.34 Cents

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BRIEF-SA Corporate Real Estate Fund Managers (Pty) Ltd FY HEPS 6.34 Cents
Credit: © Reuters.

March 29 (Reuters) - SA Corporate Real Estate Fund Managers (Pty) Ltd SACJ.J :

* JSE: SAC - SUMMARISED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 AND CASH DIVIDEND DECLARATION

* SA CORPORATE REAL ESTATE FUND MANAGERS (PTY) LTD - FY HEADLINE EARNINGS PER SHARE OF 6.34 CENTS

* SA CORPORATE REAL ESTATE FUND MANAGERS (PTY) LTD - FY DISTRIBUTABLE INCOME OF R601.135 MILLION OR 23.90CPS

* SA CORPORATE REAL ESTATE FUND MANAGERS (PTY) LTD - FY NET ASSET VALUE PER SHARE OF 401 CENTS

* SA CORPORATE REAL ESTATE FUND MANAGERS (PTY) LTD - FY REVENUE OF R2 062.2 MILLION (2019: R2 283.9 MILLION) OPERATING INCOME OF R980.1 MILLION

* SA CORPORATE REAL ESTATE FUND MANAGERS (PTY) LTD - LOAN TO VALUE OF 38.6% IN FY

* SA CORPORATE REAL ESTATE FUND MANAGERS (PTY) LTD - IT WOULD BE IMPRUDENT FOR SA CORPORATE TO PROVIDE GUIDANCE DURING THE MARKET UNCERTAINTY

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