JSE-listed real estate investment trust Fairvest on June 1 announced its first interim results as a merged entity, and declared dividends equal to 100% of distributable income at 61.52c per A share and 21.33c per B share for the six months ended March 31. "Retail is the core of our business and contributes 65% of revenues. As we went into the merger [with Arrowhead Properties], we told the market we would recycle and dispose of assets and move to a retail only fund.
