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.
UNIT E, CROWN INDUSTRIAL ESTATE
A trade counter warehouse facility incorporating two storey internal offices and a customer car park. The property is let to Booker, a leading UK food wholesaler which is owned by Tesco Plc, the tenant has been in oc
GREENSTONE HILL OFFICE PARK
Greenstone Hill Office Park is a well located A grade group of buildings. The office park includes a coffee shop and is easily accessible from two major routes, the N3 highway and the R25 Modderfontein road. There is 24 hour access controlled security, fibre and a recently renovated landscape boasting a water feature and out-door seating area.
ST GEORGE’S MALL
A grade sectional title mixed-use building located in the heart of the Cape Town CBD, St Georges Mall offers high foot traffic due to the number of restaurants, shops and increasing residential developments within the area.
The building offers 24 hour security and is walking distance from the MyCiti Bus stop.
BROAD STREET MALL
An exceptional property in one of the UK’s leading towns combining strong redevelopment potential with a robust existing income profile. The property currently offers defensive retail and leisure combined with afford. Texton owns 50% share, 100% Value £60M.
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.
THE GRID is a relatively new office building built on spec for Bilfinger Power Africa. The property is well located and has direct access to Rivonia Road. The building benefits from back-up power, water and a high parking ratio.
14 LOOP STREET
Conveniently located in the heart of the Cape Town CBD, the 5 storey office has back-up power and is within walking distance from Shopping Centres, restaurants, and MyCiti Station.
377 RIVONIA BOULEVARD
377 Rivonia Road is a single tenanted office building in Rivonia, which is currently operated as a co-working and shared office by Spaces, a division of Regus. The property has direct access to Rivonia Road and is easily accessible from the N1.
54 BOMPAS ROAD
54 Bompas Road is a single tenanted building located in the heart of Dunkeld, conveniently between Sandton and Rosebank CBDs.
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.