TWR - Tower Property Fund Ltd
Tower is an internationally managed real estate investment trust (REIT) which owns a diversified portfolio of 42 convenience retail, office and industrial properties valued at R4.8 billion, located in South Africa and Croatia. The South African portfolio is located in the country's major metropoles with 47% by value in Cape Town, 41% in Gauteng, and 12% in KwaZulu -Natal. The five Croatian properties represent 37% of the fund's total value. Tower currently has a sectoral spread by value of 46% convenince retail, 46% office, 7% industrial and inventory 1%.
Tower Property Fund Ltd is a property investment fund company that is structured as a REIT, which engages in owning retail office and industrial properties. It operates through the following segments: Retail, Office, and Industrial....
NOTE: Shares of Tower Property Fund Ltd have been delisted from the Johannesburg Stock Exchange (JSE) since close of trading on Tuesday, December 28, 2021. Tower Property Fund was traded on the JSE under the ticker symbol “TWR”. Tower Property Fund Ltd had a market capitalization of ZAR 1.27 billion.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 3.75 |
| Day’s High Price | 3.75 |
| Traded Volume | 3,595 |
| Number of Deals | 2 |
| Gross Turnover | 13,481.25 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.0660 |
| Price/Earning Ratio | 56.82 |
| Dividend Per Share | 0.22 |
| Dividend Yield | 5.87% |
| Shares Outstanding | 340M |
| Market Capitalization | 1.27B |
TWR Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.63% | +5.93% |
| 6MO | 1YR | YTD |
|---|---|---|
| +4.17% | +41.5% | +39.9% |
The current share price of Tower Property Fund Ltd (TWR) is ZAR 3.75. TWR closed its last trading day (Tuesday, December 21, 2021) at 3.75 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.3% gain over its previous closing price of 3.74 ZAR. Tower Property Fund began the year with a share price of 2.68 ZAR and has since gained 39.9% on that price valuation, ranking it 114th on the JSE in terms of year-to-date performance.
Tower Property Fund is the 97th most traded stock on the Johannesburg Stock Exchange over the past three months (Sep 21 - Dec 21, 2021). TWR has traded a total volume of 56 million shares—in 1,131 deals—valued at ZAR 204 million over the period, with an average of 889,601 traded shares per session. A volume high of 10.1 million was achieved on November 30th for the same period. The table below details the last 10 trading days of activity of Tower Property Fund on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-12-21 | 3,595 | 3.75 | +0.01 | +0.27% |
| 2021-12-20 | 37,898 | 3.74 | ||
| 2021-12-17 | 401,604 | 3.74 | +0.02 | +0.54% |
| 2021-12-15 | 5,316 | 3.72 | ||
| 2021-12-14 | 52,628 | 3.72 | -0.03 | -0.80% |
| 2021-12-13 | 3,052 | 3.75 | +0.04 | +1.08% |
| 2021-12-10 | 4,270 | 3.71 | ||
| 2021-12-09 | 30,500 | 3.71 | ||
| 2021-12-07 | 14,671 | 3.71 | ||
| 2021-12-06 | 603,500 | 3.71 |
Profile of Tower Property Fund Ltd.
Tower Property Fund Ltd. operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Tower Property Fund Ltd.
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- 6th Floor, Sunclare Building, Protea Road, Claremont, Western Cape, 7708
- Telephone
- 021 659-5948
TWR Industrial Market Competitors
Tower Property Fund Ltd., issuers of the TWR 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 | 34B | 68.00 | +900% |
| FFB | Fortress REIT Ltd | 24.3B | 20.20 | +185% |
| GTC | Globe Trade Centre S.A. | 17.2B | 30.00 | +50% |
| HYP | Hyprop Inv Ltd | 17.7B | 46.42 | +49.2% |
| FTB | Fairvest Ltd B Shares | 8.68B | 5.10 | +48.3% |
| ATT | Attacq Limited | 10.1B | 13.49 | +46.3% |
| RES | Resilient REIT Limited | 22.2B | 60.87 | +37.4% |
| CPP | Collins Property Group Ltd | 3.51B | 10.50 | +32.7% |
| EMI | Emira Property Fund Ltd | 5.93B | 11.34 | +32.6% |
| TEX | Texton Property Fund Limited | 1.09B | 3.30 | +32% |