Emira Property Fund on track to meet FY27 objectives
Emira Property Fund maintained its FY27 outlook, expecting to meet its objectives. The fund had liquidity of ZAR 2.77 billion at Aug. 31, 2026, including ZAR 1.9 billion in undrawn facilities and ZAR 867.5 million in cash. Disposals of two South African properties, including Summit Woods for USD 21.3 million, are expected to add cash by December 2026. Leverage rose to 31.3% loan-to-value at Aug. 31, 2026.