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Delta FY rental income down 3.1% due to disposals

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Delta Property Fund's forecasting an earnings decline of up to 4% for its 2019 financial year.

And says that's partly due to once-off lease adjustments being traded off for longer-term leases, as well as the disposal of assets held-for-sale.

The comments come off the back of Delta's annual numbers released today, which saw the company maintain its full-year distribution at 97.24c per share amid declines in rental income. We spoke to company’s CEO, Sandile Nomvete for more detail behind the numbers.
4 Jun 2018 12PM English South Africa Business · Business News

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