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Texton Property Fund Ltd(TEX)

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.


Keywords: Real Estate Investment Trust Investment Trust Specialized Investment Fund Jse Limited Johannesburg Securities Exchange

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 : South Africa

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
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