DE­LIV­ER­ING THE GOODS

Finweek English Edition - - INVESTMENT -

When­ever things are bad, com­pa­nies al­ways say they’ll get bet­ter soon – they teach that at CEO school. Yet some­times com­pa­nies de­liver far more than any­body could have ex­pected and t he Emira Prop­erty Fund did just that. Its off ice va­can­cies have been sit­ting in the high teens and CEO James Tem­ple­ton has been promis­ing that his com­pany was re­fur­bish­ing and the like, and that the num­ber would im­prove. Lat­est re­sults show va­cancy lev­els plum­meted from 18.6% a year ago to 10.7%, which is also be­low the in­dus­try aver­age of around 11%. That is a se­ri­ous de­liv­ery on prom­ises and Emira says it can get the f ig­ure even lower.

Emira Prop­erty Fund

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