Emira, ZAE000203063

Emira stock fell 1.15 percent. Emira sets November results date

Published on 10/08/2026 at 05:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Emira stock was last at ZAR 1,374 on October 7, 2026, while its five-month update detailed six property disposals. Interim results are due November 30, 2026.

Emira, ZAE000203063, Illustration mit AI erstellt.

Emira stock (ISIN ZAE000203063) was last at ZAR 1,374 on the Johannesburg Stock Exchange on October 7, 2026, down 1.15 percent from ZAR 1,390. The latest operational update puts six commercial property disposals and November's interim results date at the center of the investment case.

Six properties sold for ZAR 531.8 million

According to Moneyweb in the September 30, 2026 pre-close update, six commercial properties transferred during the five months ended August 31, 2026, generating gross proceeds of ZAR 531.8 million. The disposals included three industrial properties, two office properties and one retail property.

The same update said 233 residential units transferred for ZAR 125.3 million during the period. A further two commercial properties are unconditional and expected to transfer by December 2026, while 311 residential units are scheduled for transfer by March 2027.

Vacancies rose while retention improved

Emira's total commercial portfolio vacancy rate increased to 4.3 percent at August 31, 2026, from 4.1 percent in March 2026, according to Sharedata. Tenant retention moved to 88.2 percent from 81.6 percent, while the weighted average lease expiry improved to 3.1 years from 3.0 years.

The mix remains uneven. Retail vacancies rose to 5.3 percent from 4.2 percent, while office vacancies declined to 7.7 percent from 9.9 percent. Industrial vacancies increased to 1.1 percent from 0.7 percent, but industrial tenant retention reached 98.0 percent, up from 92.8 percent.

Results date gives the next checkpoint

Emira said its interim results for the six months ended September 30, 2026, are scheduled for November 30, 2026. The update also reported unutilized debt facilities of ZAR 1.9 billion and cash on hand of ZAR 867.5 million as of August 31, 2026, while the loan-to-value ratio stood at 31.3 percent.

Consensus data published by Investing.com show a Neutral rating from one analyst and a 12-month price target of ZAR 1,485. The target lies 8.08 percent above the October 7 price, making the November results the next quantified test for occupancy, disposals and capital allocation.

Emira stock stays below its yearly high

Emira stock was last at ZAR 1,374 on October 7, 2026, with a 52-week range of ZAR 1,195 to ZAR 1,577. Market capitalization stood at ZAR 6.4 billion and volume at 7,590 shares on the same date.