Vukile to actively pursue opportunity in Spain, sees through ‘momentous’ year

JSE-listed real estate investment trust (Reit) Vukile, which on Wednesday posted a 7.1% year-on-year increase in its dividend to 156.75c a share for the year ended March 31, is actively evaluating opportunities in Spain to diversify its earnings stream and enhance its high-quality portfolio. CEO Laurence Rapp noted that Vukile has a R1.5-billion “war chest” of available resources, which is earmarked to create a springboard for its increased international growth.