JSE-listed Equites Property Fund achieved a 4.1% year-on-year increase in its interim distribution a share to 81.58c for the period to August 31, while its net asset value (NAV) per share was also 0.8% higher at R18.77. Moreover, fair value of the group’s investment property portfolio (including assets held-for-sale) also grew, 2.3% from R25.7-billion as at February 28 to R26.3-billion at period’s end.