Raven Property Group Limited (JSE:RAV)

Glyn Hirsch
Group CEO
Market Cap (AUD): 5.38B
Sector: Financials
Last Trade (AUD): 9.5 +0 (+0%)
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1. About

Raven Property Group Limited (JSE:RAV) has built and acquired around 1.9 million square metres of logistics real estate space in major Russian cities, with the majority situated in the Moscow Region. Where appropriate opportunities arise, the Group looks to expand its investment portfolio through both development and acquisition. 

Business Model

Raven's business model aims to generate high rental income yields in the under supplied warehouse logistics market in Russia and principally in the Moscow region. Tenants tend to be large domestic or international groups with strong underlying covenants. The group has historically operated within prudent, secured gearing levels.

The group was founded in 2005 to build and acquire an investment portfolio of Class "A" warehouse complexes in Russia under the brand Raven Russia. The Group operates out of offices in Guernsey, Moscow and Cyprus and has an investment portfolio of Class "A" warehouses in Moscow, St Petersburg, Rostov-on-Don, Novosibirsk and Nizhny Novogorod and 49,000 square metres of commercial office space in St Petersburg.

Its Ordinary Shares and Preference Shares are listed on the Main Market of the London Stock Exchange and admitted to the Official List of The International Stock Exchange ("TISE"). Its Ordinary Shares also have a secondary listing on the main board of the JSE and the Moscow Stock Exchange. Its Convertible Preference Shares are admitted to the TISE Official List and trading on the SETSqx market of the London Stock Exchange.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk