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Fairvest Property declares interim dividend

Johannesburg-listed retail real estate investment trust Fairvest Property Holdings Ltd. declared an interim dividend of 9.806 South African cents per share for the second half of 2017, up 9.53% from the previous period.

The dividend will be paid to shareholders on record as of April 6, the company said in its earnings release.

As of Feb. 28, US$1 was equivalent to 11.77 South African rand.