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Emira Property Fund raises dividend 2.5%

Emira Property Fund Ltd. declared a semiannual dividend of 70.65 South African cents in reporting its second-half 2017 results.

The payout is a 2.5% increase over the South African diversified real estate investment trust's year-ago dividend of 68.93 cents.

As of March 1, US$1 was equal to 11.90 South African rand.