SA Corporate FY2025 profit after tax fell 13% to ZAR 564.01 million as distribution per share rose 9% to 26.55 cps

Reuters03-13
SA Corporate FY2025 profit after tax fell 13% to ZAR 564.01 million as distribution per share rose 9% to 26.55 cps

SA Corporate reported FY2025 distributable income of ZAR 774.75 million, up 14%, and distribution per share rose 9% to 26.55 cps on a 92.5% payout ratio, supported by profit from residential apartment sales. FY2025 profit after taxation was ZAR 564.01 million, down 13%, as the group recorded a fair value loss on investment property of ZAR 162.3 million. Funds from operations (SA REIT FFO) for FY2025 increased 14% to ZAR 774.7 million, and SA REIT FFO per share rose 6% to 29.06 cps. Total like-for-like net property income increased 6% to ZAR 1.3 billion, while the traditional portfolio vacancy was 1.5% and residential vacancies averaged 4.2%. SA Corporate said it acquired The Parks Lifestyle Apartments for ZAR 1.67 billion at an initial 12-month yield of 9.6% and expects like-for-like net property income growth in FY2026 to be broadly in line with inflation forecasts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SA Corporate Real Estate Ltd. published the original content used to generate this news brief on March 13, 2026, and is solely responsible for the information contained therein.

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