TPF - Transcend Residential Property Fund
Transcend Residential Property Fund Limited, operating as real estate investment trust, is a newly incorporated company that has been established for the purposes of creating a listed company which will acquire income-generating residential properties, and as such, does not have any trading history. The company develops multi-family housing and other related properties. Transcend Residential Property Fund serves customers in South Africa.
The core business of Transcend is in the acquisition of income-generating residential properties, with focus on housing opportunities that are affordable, lifestyle enhancing, and well located in high growth urban areas. Transcend currently holds a portfolio of 13 properties, comprising 2,472 units, located primarily in Gauteng, the Western Cape and Mpumalanga, South Africa.
NOTE: Shares of Transcend Residential Property Fund have been delisted from the Johannesburg Stock Exchange (JSE) since close of trading on Monday, November 13, 2023. Transcend Residential Property Fund was traded on the JSE under the ticker symbol “TPF”. The International Securities Identification Number (ISIN) of JSE:TPF was ZAE000227765. Transcend Residential Property Fund was the 235th most valuable stock on the JSE with a market capitalization of ZAR 1.03 billion, which made about 0.006% of the Johannesburg Stock Exchange equity market at the time of delisting.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | 0.72 |
| Dividend Yield | 11.4% |
| Shares Outstanding | 164M |
| Market Capitalization | 1.03B |
TPF Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -0.16% | -1.41% |
| 6MO | 1YR | YTD |
|---|---|---|
| -1.56% | -1.56% | -1.72% |
The current share price of Transcend Residential Property Fund (TPF) is ZAR 6.30. TPF closed its last trading day (Thursday, October 26, 2023) at 6.30 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.2% drop from its previous closing price of 6.31 ZAR. Transcend Residential Property Fund began the year with a share price of 6.41 ZAR but has since lost 1.72% off that price valuation.
Transcend Residential Property Fund has traded a total volume of 39,432 shares—in 11 deals—valued at ZAR 248,576 over the past three months (Aug 11 - Nov 8, 2023), with an average of 626 traded shares per session. A volume high of 10,000 was achieved on October 26th for the same period. The table below details the last 10 trading days of activity of Transcend Residential Property Fund on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-10-26 | 10,000 | 6.30 | -0.01 | -0.16% |
| 2023-10-24 | 458 | 6.31 | ||
| 2023-10-03 | 52 | 6.31 | ||
| 2023-09-26 | 1,700 | 6.31 | -0.01 | -0.16% |
| 2023-09-07 | 6,000 | 6.32 | +0.02 | +0.32% |
| 2023-08-30 | 3,625 | 6.30 | ||
| 2023-08-29 | 9,534 | 6.30 | ||
| 2023-08-24 | 7,813 | 6.30 | ||
| 2023-08-21 | 250 | 6.30 | -0.09 | -1.41% |
| 2023-08-01 | 39,904 | 6.39 |
Profile of Transcend Residential Property Fund Limited
Transcend Residential Property Fund Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Transcend Residential Property Fund Limited
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- 54 Peter Place, Glassgow House, Bryanston, Johannesburg, 2191, South Africa
- Telephone
- +27-11-300-8600
TPF Industrial Market Competitors
Transcend Residential Property Fund Limited, issuers of the TPF 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 presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| HMN | Hammerson plc | 35B | 70.00 | +929% |
| FFB | Fortress REIT Ltd | 23.8B | 19.98 | +181% |
| GTC | Globe Trade Centre S.A. | 17.2B | 30.00 | +50% |
| CPP | Collins Property Group Ltd | 3.84B | 11.50 | +45.4% |
| HYP | Hyprop Inv Ltd | 16.9B | 44.50 | +43% |
| ATT | Attacq Limited | 9.4B | 12.60 | +36.7% |
| VKE | Vukile Property Fund Ltd | 22.8B | 18.50 | +31% |
| DKR | Deutsche Konsum REIT-AG | 5.48B | 156.00 | +30% |
| RDF | Redefine Properties Limited | 35.1B | 4.98 | +29.4% |
| FTB | Fairvest Ltd B Shares | 6.66B | 4.44 | +29.1% |