Our Company
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.
Business Overview
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.
Portfolio Overview
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.