Dipula Income Fund Ltd. operates as a real estate investment trust. It operates through the following segments: Retail, Offices, Industrial, Residential, Land, and Corporate. The Retail segment consists of shopping centers. The Offices segment includes high-rise and low-rise offices, office parks, as well as mixed-use properties comprising both office and retail. The Industrial segment focuses on warehousing, industrial parks, low and high grade industrial, land zoned for developments as well as mini, midi, and maxi units. The Residential segment is involved in property used for tenants to live in. The Land segment refers to undeveloped land. The Corporate segment provides management of the group. The company was founded by Nyangeni Saul Gumede and Izak Smolly Petersen on May 10, 2005 and is headquartered in Johannesburg, South Africa.