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 46 properties with a total GLA of 385 042 m², valued at circa R5.403 billion. 

 

Texton Provisional Condensed Results for the year ended 30 June 2018