|Short Name:||TEX||JSE Code:||TEX|
|Sector:||REITs Diversified||Reg No:||2005/019302/06|
|Nature of business:|
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.
Next AGM: 27/11/2019 (Unconfirmed)
|Chairman:||Marcel J A Golding|
|Company Secretary:||Motif Capital Partners|
|Postal Address:||PO Box 653129, Benmore, 2010|
|Amounts in ZAR '000||JUN 2018|
|Turnover ||588 913||303 219|
|Income Attributable To Equity Holders ||(61 586)||10 480|
|Earnings Per Share (ZARc) per share (cents)||(33.36)||2.99|
|Headline Earnings Per Share (Cont Ops) (ZARc) per share (cents)||26.80||2.99|
|Distributions Per Share (ZARc) per share (cents)||89.31||47.95|
|Ordinary Unitholders Interest ||2 297 186||3 114 834|
| || |
|Total Capital Employed ||2 682 173||4 884 355|
| || |
|Other Current Assets ||309 020||18 403|
|Net Current Assets ||(2 182 697)||(367 963)|
|Net Asset Value Per Share (ZARc) (cents)||657.48||891.49|
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