South Africa
· Delayed Price · Currency is ZAR · Price in ZAc Oasis Crescent Property Fund Company Description
The Fund is a well-diversified REIT invested in South African direct property investments, high quality global listed REITs and liquid instruments.
The Fund is focused on meeting all tenant needs and maintaining world class facilities. The absence of debt and financial leverage delivers a more sustainable rate of growth during the normal course of operations but more importantly, the Fund is not exposed to the risk and negative effects of financial leverage during difficult times as we are currently experiencing.
The objective of the Manager is to protect and grow the real wealth of investors by providing sustainable growth in Net Asset Value (“NAV”) and delivering a consistent income stream that has potential to grow.
This objective is achieved through our diversification strategy and the active management of the direct property portfolio as covered in more detail under the Portfolio Overview section below.
Our focused approach has delivered significant real wealth creation for investors with an annualised total unitholder return of 10.0% relative to annualised inflation of 5.5% since inception, resulting in a real return of 4.5%.
The Fund’s annualised total intrinsic value return is 11.3% per annum since inception.
| Country | South Africa |
| Founded | 2005 |
| Industry | REIT - Diversified |
| Sector | Real Estate |
Contact Details
Address: Oasis House Cape Town, Gauteng 7925 South Africa | |
| Phone | 27 21 413 7860 |
| Website | oasis.co.za |
Stock Details
| Ticker Symbol | OAS |
| Exchange | Johannesburg Stock Exchange |
| Fiscal Year | April - March |
| Reporting Currency | ZAR |
| ISIN Number | ZAE000074332 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Mohamed Shaheen Ebrahim | Executive Chairman of the Board of Oasis Crescent Property Fund Managers Limited |
| Michael Swingler C.A., C.F.A., CA(SA), CFA | Financial Director and Executive Director of Oasis Crescent Property Fund Managers Limited |
| Nazeem Ebrahim B.Proc., B.Soc.Sc. | Company Secretary and Executive Director |
| Zahrah Ebrahim C.A. | Executive Director of Oasis Crescent Property Fund Managers Limited |