JSE-listed real estate investment trust (Reit) Dipula Income Fund’s property portfolio has increased by 4% in value to R10.2-billion in the financial year ended August 31, contributing to a 5% rise in net asset value. Dipula has a portfolio of 165 retail, office, industrial and residential rental properties. Convenience, rural and township retail centres produce 65% of its weighted portfolio income, with 60% of portfolio rental income generated in Gauteng.