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.
Texton Property Fund Limited (TEX) is a Real Estate Investment Trust with a portfolio of direct and indirect holdings in properties within the commercial sector of South Africa and the United Kingdom.
Leadership and Committee Membership
The board ultimately provides leadership based on an ethical foundation, and oversees the overall process and structure of corporate governance. In formulating our governance framework, we aim to apply the highest standards of corporate governance practice, in a pragmatic manner.
Texton offers a focused, quality portfolio, with a variety of tenant activities spread across a number of sectors.
By GLA 61.9% of tenants are national or listed/large entities, whilst 12.9% are government tenanted.
Furthermore the portfolio consists of 15.5% retail, 31.8% industrial, 52.7% office by GLA, and is spread across
South Africa’s major metros and in select prime nodes in the United Kingdom.
35 MORSIM ROAD
35 Morsim Road is located in Hyde park, walking distance from Hyde Park Shopping Centre, with quick access to both Jan Smuts and William Nicol.
Investment Place is a modern A grade office park that has 24 hour security and access control, an on-site restaurant, plenty of parking and on site back-up generator. The park comprises of several refurbished office buildings with varying size suites allowing for tenant flexibility meeting their space needs.
This A grade double storey office building has ample parking, offers superb office accommodation in a central position in Waverley. It is close to the Corlett Drive and Athol Oaklands off ramps and features an on-site generator, modern design, readily accessible, good parking, 24/7 security on site.
12 LAUB STREET
12 Laub Street is located in New Centre in the Johannesburg CBD.
This well located Parktown property is a stone’s throw away from the M1 highway with easy access to Empire Road. The 4-storey office is perfectly suitable for a single user or multiple tenants and has 24-hour security and access.
1 OSBORNE LANE
1 Osborne Lane is a well-located building in Bedfordview with fantastic access to the Gillooly’s interchange and as a result, the N3 and R24. The property benefits from ample parking, as well as an on-site generator.
WALE STREET CHAMBERS
Landmark heritage building accessible from Wale, Church, Burg and Long Streets is located in the heart of the Cape Town CBD.
UNITS 1&2 PEASE ROAD
Two high quality warehouse buildings let to Caterpillar, a strong global brand. The buildings sit within the wider Caterpillar plant which is the sole global manufacturing facility for 25 to 45 Articulated Dump truck
ALRODE INDUSTRIAL PARK
Well located industrial park offering warehousing, office and yard space. The neat and well-kept property offers good height and natural lighting which flows through the space. Plenty of yard space and 3 Phase Power 400 Amps plus cranes for heavy loading and unloading.
WOODMEAD COMMERCIAL PARK
This retail space conveniently located off the M1 & N1 highway is in close proximity to Woodmead Retail Park and The Value Mart. Woodmead Commercial Park boasts mini warehousing solutions with potential for prime showroom space in the retail industry.
This is one of the original shopping centres in Woodmead, this industrial free retail space offers double volume ceilings and an opportunity for signage.