Rebosis Property Fund - A Shares (JSE:REA)
Rebosis Property Fund - A Shares (JSE:REA) were listed on the JSE in April 2017.
Rebosis Property Fund (JSE:REB) is a real estate investment trust (REIT) with a high quality diversified portfolio across commercial and retail assets. The majority of the commercial income enjoys a sovereign underpin from leases to national government departments accross 36 buildings. The retail portfolio has dominant shopping centres in Port Elizabeth (Baywest Mall) and East London (Hemingways Mall) and three regional malls located in Pretoria.
Rebosis was established by the Billion Group in 2010 and on 17 May 2011 became the first black-managed and substantially black-held property fund to be listed on the JSE. On 24 July 2013 the Fund was approved as a Real Estate Investment Trust (REIT).