South Africa
· Delayed Price · Currency is ZAR · Price in ZAc Emira Property Fund Company Description
Emira is a real estate investment trust (REIT) with a diversified portfolio balanced to deliver stability and sustainability through different cycles.
This risk-mitigating strategy includes a mix of domestic and international assets in direct holdings and indirect investments with specialist co-investors.
Emira’s direct South African portfolio of 84 properties worth R12.1bn is diversified across commercial property sectors and residential rental property.
Emira’s exposure to the United States is with US-based partner The Rainier Companies. Emira holds equity interests, with unanimous voting rights, in 12 dominant, value-oriented grocery-anchored power centres.
The local portfolio performed well, surpassing most key targets. SA commercial vacancies are already low and tightened to 3.9% from 4.1%.
The portfolio saw an increase in like-for-like valuation of 4.7%, reflecting enhanced metrics across all three sectors and improved business sentiment.
Residential occupancy remained strong at 96.7% and, similarly, maintained like-for-like valuation levels.
Both sets of metrics signal a property portfolio that is attractive, competitive, adaptable and designed for lasting performance.
| Country | South Africa |
| Founded | 2003 |
| Industry | REIT - Diversified |
| Sector | Real Estate |
| Employees | 24 |
| CEO | Geoffrey Jennett |
Contact Details
Address: 1st Floor, Block A Bryanston, 2191 South Africa | |
| Phone | 27 11 028 3100 |
| Website | emira.co.za |
Stock Details
| Ticker Symbol | EMI |
| Exchange | Johannesburg Stock Exchange |
| Fiscal Year | April - March |
| Reporting Currency | ZAR |
| ISIN Number | ZAE000203063 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Greg Stanley Booyens B.Com., CA(SA) | Chief Financial Officer and Executive Director |
| Ulana van Biljon B.Com. | Chief Operating Officer and Executive Director |