SJ:TEX Texton Property Reit Ltd

Texton Property Fund Limited (TEX) is a property investment fund formed to invest directly in income producing properties that offer potential for capital appreciation. The Fund was formed in 2006 and listed on the JSE in August 2011. The overall objective of the Fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties, to optimise returns over time for shareholders ? in short, to become ?the investment of choice'. The strategic focus is diversification in order to maximise the growth in value for stakeholders. Diversification serves to limit risk and enhance the consistency of returns, ensuring that investors are best able to meet their investment performance objectives. The property portfolio is now made up of 54 properties with a total GLA of 407 803 mē, valued at circa R5.508 billion.

230.00 ZAR
As of 03/08/2023

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Real Estate
Industry:  REIT-Office
Index country:  South Africa
Country of incorporation:  South Africa
IPO date:  08/12/2011
Stock exchange:    Johannesburg Stock Exchan
Exchange country:   South Africa
Market cap:   1,156,177,683 ZAR
Current dividend yield:   13.19%
Sedol:      BN65QH8

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