MAS Real Estate Inc. expects to make an interim distribution of 3.58 euro cents per share for the six-month period ended Dec. 31, 2017, up 12.2% from the preceding semiannual payout rate.

The board initially proposed a 3.19 euro cents per-share distribution for the second half of 2017.

MAS Real Estate, based in the Isle of Man, invests throughout the European Economic Area and is listed on the main board of the Johannesburg Stock Exchange and the Euro MTF market of the Bourse de Luxembourg.