Investec Property Fund Limited provided earnings guidance for the year ended March 31, 2015. for the year, the company expects earnings per share to be between 222.59 cents and 229.79 cents, which is between 45.2% and 49.9% higher than for the twelve months ended 31 March 2014 of 153.30 cents. The increase in earnings per share is largely as a result of the conversion of the Fund's linked unit capital structure to an all equity capital structure, by delinking the debenture and ordinary share portions of the Fund's linked unit and capitalizing the value of the debentures in the books of account of the Fund to the stated capital account.
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- Investec Property Fund Limited Provides Earnings Guidance for the Year Ended March 31, 2015