Description: Texton Property Fund Limited is a Real Estate Investment Trust ("REIT") listed on the JSE Limited. The company internally manages its R4,5 billion portfolio of retail, office and industrial property assets located in South Africa ("SA") and the United Kingdom ("UK"). 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.
Home Page: www.texton.co.za
Investment Place
Johannesburg,
2196
South Africa
Phone:
27 11 731 1980
Officers
Name | Title |
---|---|
Mr. H. S. Pienaar Welleman | CEO & Exec. Director |
Mr. Pinchas M. Hack | CFO & Exec. Director |
Exchange: JSE
Country: ZA
Currency: South African Rand cents (R)
Forward PE: | 0 |
---|---|
Trailing PE: | 20.4545 |
Price-to-Book MRQ: | 0.4257 |
Price-to-Sales TTM: | 2.5742 |
IPO Date: | |
Fiscal Year End: | June |
Full Time Employees: | 0 |