Delta is a specialist, REIT status approved property fund listed on the Johannesburg Stock Exchange since 2012.
Delta Property Fund’s CEO Sandile Nomvete discussed the listed property REIT’s half year results, which saw a 7.1% rise in distribution.
Delta Property Fund Interim Results Presentation
for the six months ended 31 August 2016
BDlive – Annual Results 2016 –
DELTA Property Fund
The Fund is black-managed and substantially black-owned, providing investors with unique exposure to commercial assets with a predominant sovereign underpin.
We manage and buy, single tenanted commercial assets in key strategic nodes attractive to government and other blue chip companies. Leasing risk is mitigated by long-term leases and low vacancies due to tenant profile. The Fund envisage 60% of its portfolio will consist of sovereign underpinned assets whilst the balance will be diversified into other property investments