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Hospitality Property Fund is a property loan stock company, which invests in properties in the hotel and leisure industries. The Fund is a publicly traded company and is listed on the JSE under the 'Financials - Real Estate' sector. Hospitality's portfolio consists of investments in 23 hotel and resort properties.
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Results Announcement June 2009
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Total distributable earnings for the six-month period declined by 36,1% compared to 2008. The A-linked units distribution of 57,46 cents grew by 5% over the previous year, in line with the Fund’s distribution structure, while distributions in respect of the B-linked unit declined by 60,6% to 36,30 cents over the period.
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� COPYRIGHT HOSPITALITY PROPERTY FUND 2007