SA Corporate Real Estate Fund Limited (JSE:SAC)

Rory Mackey
Market Cap (AUD): 5.38B
Sector: Financials
Last Trade (AUD): 2.09 +0 (+0%)
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1. About

SA Corporate Real Estate Fund Limited (JSE:SAC) is a diversified REIT with investments across industrial, retail and commercial properties, primarily located in the major metropolitan centres of South Africa. In addition, in 2014 SA Corporate invested in the AFHCO Group, an innovative residential focused property company with properties primarily located in Johannesburg’s inner-city. In 2017 the Group also invested, as an extension to its retail portfolio, in a self-storage business that operates primarily in the Group’s and other landlords’ retail shopping centres.

The Company has a good tenant retention ratio with an impressive industrial portfolio, strong balance sheet and moderate gearing. With a portfolio comprising more than 190 properties, it is one of the oldest listed real estate companies on the JSE and offers an attractive investment for those looking for a balanced, moderate risk investment in quality real estate through an easily tradable instrument.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk