African Stock Exchanges

TEX - Texton Property Fund Limited

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TEX share price on Johannesburg Stock ExchangeTEX share price on Johannesburg Stock Exchange

Texton is a JSE-approved Real Estate Investment Trust. The primary business of Texton is long-term investment in quality, rental-generating properties, which are maintained and upgraded or refurbished as necessary so as to increase the long-term value of the property assets.

As at 30 June 2017, Texton’s property portfolio comprised 43 owned and managed properties in the South African industrial, offi ce and retail sectors valued at R3.4 billion (2016: R3.5 billion) and eleven owned and managed properties in the United Kingdom industrial, office and retail sectors valued at R2.1 billion (2016: R1.6 billion) which includes a 50% shareholding in Inception (Reading) S.à.r.l which owns the Broad Street Mall in Reading, a secondary node in the United Kingdom.

Texton is an internally asset managed Real Estate

Investment Trust (“REIT”) listed on the JSE Ltd.

It has a portfolio of R5.4 billion of assets with retail,

office and industrial exposure located in South Africa

and the United Kingdom.

The Board has approved and adopted a revised

investment strategy. The strategy’s main objectives

are to rebalance the Fund to achieve consistent

property income streams, strong tenant covenants

and portfolio optimisation.

Texton's intention is to pursue industrial opportunities with

sound fundamentals, particularly warehousing and

logistics properties in main metropolitan nodes.

Texton is committed to achieving the highest possible

returns for its shareholders by executing its mandate

of achieving growth through diversification.

Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the Fund is to grow its asset base,...

TEX3.80 ▴ 0.60 (18.75%)
2 days ago
Last Trading ResultsGrowth & Valuation
Opening Price:--Earnings Per Share:--
Day's Low Price:3.20Price/Earning Ratio:--
Day's High Price:3.80Dividend Per Share:--
Traded Volume:32,500Dividend Yield:--
Number of Deals:2Shares Outstanding:376.07m
Value/Turnover:105,500.00Market Capitalization:1.43b
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

TEX Stock Market Performance

1WK4WK3MO6MO1YRYTD
+26.67%+43.94%+68.89%+216.67%+100.00%+163.89%

The current share price of Texton Property Fund Limited (TEX) is ZAR 3.80. The TEX stock closed its last trading day (Friday, June 18, 2021) at 3.80 ZAR per share on the Johannesburg Stock Exchange, recording a 18.75% gain over its previous closing price of 3.20 ZAR. TEX began the year with a share price of 1.44 ZAR and has since gained 163.89% on that price valuation, ranking it 5th on the JSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about TEX knowing that the stock has accrued 43.94% over the past four-week period alone. The table below details the last 10 trading days of activity of Texton Property Fund Limited on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2021-06-1832,5003.80+0.6018.75%
2021-06-1734,0003.20----
2021-06-1577,0103.20+0.206.67%
2021-06-1419,1703.00-0.206.25%
2021-06-111,5003.20+0.206.67%
2021-06-0952,9783.00+0.3814.50%
2021-06-085722.62-0.051.87%
2021-06-0738,4352.67+0.010.38%
2021-06-0418,1712.66----
2021-06-0328,8002.66----

Profile of Texton Property Fund Limited

Texton Property Fund Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.

Factsheet of Texton Property Fund Limited
Sector:
Real Estate
Industry:
Real Estate Investment Trust
Address:
Block C, Investment Place, 10th Road, Hyde Park, Johannesburg 2196, South Africa
Telephone:
+27-11-731-1980
Email:
admin@texton.co.za
Website:
www.texton.co.za

TEX Industrial Market Competitors

Texton Property Fund Limited, issuers of the TEX stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.

CodeNameMkt. Cap.L. PriceYearTD
VISVisual International Holdings26.83m0.10+150.0%
DIBDipula Income Fund B886.63m3.35+116.1%
HMNHammerson plc31.08b7.66+47.3%
AHBArrowhead Properties B Shares3.33b3.41+47.0%
ATTAttacq Limited5.49b7.30+46.9%
MSPMAS Real Estate Inc.12.98b18.25+43.1%
EMIEmira Property Fund Ltd4.85b9.27+39.2%
VKEVukile Property Fund Ltd10.47b10.95+36.9%
TWRTower Property Fund Ltd1.22b3.60+34.3%
REBRebosis Property Fund Ltd202.78m0.29+31.8%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Stock Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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