$BUI

South African REITs rose in July, delivering a 1.4% total return versus 1.2% for the JSE all share index and -1.4% for the all bond index, according to the SA REIT Association Chart Book by Merchant West Investments. YTD to end-July return was 7.8%. Rolling 12-month distribution growth was 10.58% at end-June. Vukile, Burstone, Redefine and Texton gained; Hyprop raised about R739m and Fairvest plans a separate Onepath fibre REIT listing.

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) shares rose above their 200-day moving average, trading up to $28.25 and last at $28.1450. The 200-day average is $27.04 (50-day: $27.01). The trust also announced a monthly dividend of $0.136, payable June 30 to holders of record June 15, implying a 5.8% yield.