The European retail landlord’s revenue more than doubled in 2022
European retail landlord Lighthouse Properties hiked its distribution to shareholders after swinging back into a profit following a surge in revenue.
The company’s distribution per share , valued at R11.08bn on the JSE, rose 0.9% year-on-year to €0.03250 in its 2022 year to end-December. The payout ratio was pushed up 1.4 percentage points to 88.8%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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