Emira expands its funding sources

Emira Property Fund has increased its spread of funding significantly over the past two years and now has funding facilities with six different banks, supporting a better risk profile, improving its refinancing risk and minimising its cost of capital. Emira is a medium-cap diversified JSE-listed REIT invested in a quality balanced portfolio of office, retail and industrial properties. Its assets comprise 142 properties valued at R13.3 billion. Emira is also internationally diversified through its direct interest in ASX-listed GOZ valued at R940.4 million. It’s intelligent financial management underpins its performance for its investors.

Emira spreads its funding sources between bank …read more