Texton Property Fund Limited (JSE:TEX)
Texton Property Fund Limited (JSE:TEX) is a Real Estate Investment Trust (REIT). The company internally manages its portfolio of retail, office and industrial property assets located in South Africa and the United Kingdom.
The overall objective of the Fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties, to optimise returns over time for shareholders – in short, to become ‘the investment of choice’.
The strategic focus is diversification in order to maximise the growth in value for stakeholders. Diversification serves to limit risk and enhance the consistency of returns, ensuring that investors are best able to meet their investment performance objectives.
The Fund was formed in 2006 and listed on the JSE in August 2011.