Newpark REIT Limited (JSE:NRL)
Newpark REIT Limited (JSE:NRL) is a South African-based REIT. Its investment strategy is to seek well-positioned prime commercial and industrial properties which provide quality cash flows witht eh ptoential for upward re-rating on lease renewlans and/or redcelopment opportunities within the mediam to long term (five to twenty years).
Newpark's portfolio currently comprises two prime commercial buildings in the Sandton CBD, namely the JSE building and the adjacent 24 Central and two industrial buildings in Linbro Business Park and Crown City, respectively. It is looking to acquire further similar assets in pursuit of its investment objectives.
Newpark is led by a team of individuals with significant experience and successful track records in the property industry.