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.
Transcend Residential Property Fund is listed on the Johannesburg Stock Exchange (JSE). Transcend Residential Property Fund is traded on the JSE under the ticker symbol “TPF”. The International Securities Identification Number (ISIN) of JSE:TPF is ZAE000227765. Transcend Residential Property Fund is currently the 256th most valuable stock on the JSE with a market capitalization of ZAR 1.05 billion, which makes about 0.0047% of the Johannesburg Stock Exchange equity market.
| 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 | 0.7337 |
| Price/Earning Ratio | 8.74 |
| Dividend Per Share | 0.59 |
| Dividend Yield | 9.2% |
| Shares Outstanding | 164M |
| Market Capitalization | 1.05B |
TPF Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -0.16% | +0.16% |
| 6MO | 1YR | YTD |
|---|---|---|
| +5.25% | +14.3% |
The current share price of Transcend Residential Property Fund (TPF) is ZAR 6.41. TPF closed its last trading day (Monday, January 30, 2023) at 6.41 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.2% drop from its previous closing price of 6.42 ZAR.
Transcend Residential Property Fund is the 313th most traded stock on the Johannesburg Stock Exchange over the past three months (Nov 8, 2022 - Feb 8, 2023). TPF has traded a total volume of 372,794 shares—in 10 deals—valued at ZAR 2.33 million over the period, with an average of 5,917 traded shares per session. A volume high of 300,000 was achieved on December 30th 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% |
|---|---|---|---|---|
| 2023-01-30 | 2,612 | 6.41 | -0.01 | -0.16% |
| 2023-01-23 | 280 | 6.42 | ||
| 2023-01-13 | 679 | 6.42 | ||
| 2023-01-11 | 1,581 | 6.42 | ||
| 2023-01-10 | 60 | 6.42 | +0.01 | +0.16% |
| 2022-12-30 | 300,000 | 6.41 | +0.01 | +0.16% |
| 2022-12-05 | 7,000 | 6.40 | ||
| 2022-11-16 | 59,317 | 6.40 | ||
| 2022-11-15 | 1,265 | 6.40 | ||
| 2022-11-01 | 33,412 | 6.40 |
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 |
|---|---|---|---|---|
| VIS | Visual International Holdings | 16.1M | 0.04 | +33.3% |
| HMN | Hammerson plc | 32.5B | 6.50 | +31.3% |
| SRE | Sirius Real Estate Ltd | 22.3B | 19.00 | +21.7% |
| NRL | Newpark REIT Ltd | 460M | 4.60 | +21.4% |
| CCO | Capital & Counties Properties Plc | 22.4B | 26.25 | +19.3% |
| BWN | Balwin Properties Ltd | 1.68B | 3.24 | +12.9% |
| SCD | Schroder Eur REIT plc | 2.41B | 18.00 | +9.09% |
| NRP | NEPI Rockcastle Plc | 67B | 110.36 | +7.07% |
| OCT | OCTODEC INVEST LTD | 2.77B | 10.40 | +6.12% |
| MSP | MAS Real Estate Inc. | 15.5B | 21.71 | +5.64% |