Emira Property Fund declares increased dividend amid leadership changes

Emira Property Fund (JSE: EMI) has released its audited summarised consolidated financial results for the year ended 31 March 2025, reporting distributable earnings of R642.2 million, a 3.2% increase compared to the previous year. The Board has declared a final gross dividend of 61.50 cents per share, bringing the total dividend for the year to 123.89 cents per share, a 5.9% increase year-over-year. The fund successfully concluded property disposals totaling R2.8 billion and is progressing on additional disposals worth R628.3 million. In addition to the financial results, Emira announced the appointment of James Peter Anthony Day as CEO, effective 1 July 2025, and a restructure of the audit and risk committee, with Michele Bekkens becoming chairman on 1 August 2025.