South Africa · Delayed Price · Currency is ZAR · Price in ZAc Fairvest Company Description
Fairvest Limited is a JSE and A2X-listed SA REIT (Real Estate Investment Trust) and the largest South African-focused property fund with a portfolio worth R12.0 billion.
Fairvest's direct property portfolio currently comprises 134 properties (74 retail, 34 office and 26 industrial properties) with a GLA of 1 126 191 square metre.
The Group also holds a 5.0% interest in Dipula Income Fund Limited. The Company has a well-diversified portfolio across all nine provinces within South Africa.
Gauteng is the dominant province with 51% of GLA of the Company's properties in the province, followed by 13% in the Western Cape and 9% in KwaZulu Natal.
The Retail portfolio generates 68% of the revenue within the portfolio, Office 21% and Industrial properties 11%.
The Company has an "A" and "B" dual-class share structure that caters for different risk profiles of investors.
| Country | South Africa |
| Founded | 1998 |
| Industry | REIT - Retail |
| Sector | Real Estate |
| CEO | Darren Wilder |
Contact Details
Address: 3rd Floor, Upper building Johannesburg, 2196 South Africa | |
| Phone | 27 10 100 0076 |
| Website | fairvest.co.za |
Stock Details
| Ticker Symbol | FTB |
| Exchange | Johannesburg Stock Exchange |
| Share Class | Class B Shares |
| Fiscal Year | October - September |
| Reporting Currency | ZAR |
| ISIN Number | ZAE000304796 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Darren M. Wilder | Chief Executive Officer and Executive Director |
| B. Jacques Kriel C.A., CA (SA) | Chief Financial Officer and Executive Director |
| Riaz Kader | Group Chief Operating Officer |
| Mfana Khanyile | Head of Legal and Executive |
| Jo De Freitas | Head of Asset Management / Property and Asset Manager |