JSE-listed real estate investment trust Fairvest has reported a 5% year-on-year increase in its distributable income to R707-million for the financial year ended September 30, compared with distributable income of R673-million in the prior year. Net property income of R1.18-billion in the reporting year compares with net property income of R1.13-billion in the prior year, having growth by 4.3% year-on-year.