Andrea Taverna-Turisan, CEO of Equites Property Fund. The company is a Real Estate Investment Trust (“REIT”) with both the property and asset management functions managed internally. Equites Property Fund Ltd. engages in the management of logistics properties. I think we’ve got quite a lot to be positive about – but we do have some massive challenges. Nishlan Samujh, Investec Group FD. The Other segment includes all treasury functions, corporate costs and other commercial properties. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Equites Property Fund CEO Andrea Taverna-Turisan. Source: Kantar Media, Chief Executive Officer & Executive Director. Equites CEO: Andrea Taverna-Turisan on bucking the property trend. We fundamentally understand our product inside out. Equites Property Fund Limited, whose portfolio of 17 Western Cape-based industrial and office properties valued at R1.2 billion, says it plans to have its listing on the local exchange in the “industrial and office Reit’s” sector. We’ve got a weighted average lease expiry profile of north of 10 years, which basically means that there’s a lot of guarantee that rental income will be coming in. Real estate group Equites Property Fund has become the latest company to agree for its shares to be traded on A2X Exchange in South Africa. Old Mutual Life Assurance Co. (South Africa) Ltd. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Mobile Industries Ltd., Equites Property Fund Ltd., Applemint Properties 54 Pty Ltd., Swish Property Eight (Pty) Ltd. 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(Pty) Ltd., The Bond Exchange of South Africa Ltd., International Investment Funds Association, ASISA Academy, Equites Property Fund Ltd. Equites Property Fund Ltd., Africa Collective Investments Rf Pty Ltd. Mydomain Pty Ltd., Brimstone Investment Corp. Ltd., Stonefountain Properties Pty Ltd., Perthpark Properties Pty Ltd., Proman Project Management Services Pty Ltd., Bham Tayob Khan & Matunda, Inc., Equites Property Fund Ltd., Century City Property Owners Association, Business Park Development Co. Pty Ltd. FPG INVESTMENTS PTY LTD, Mydomain Pty Ltd., The Mandela Rhodes Foundation, Oceana Group Ltd., Brimstone Investment Corp. Ltd., Nedbank Ltd., Aon Re South Africa Pty Ltd., The Scientific Group (Pty) Ltd., Life Healthcare Group Holdings Ltd., House of Monatic Pty Ltd., Interfront SOC Ltd., Western Province Cricket Association, Life Healthcare Group, Equites Property Fund Ltd., International Frontier Technologies SOC Ltd., FPG Property Fund, Jakes Gerwel Foundation, Total Insider Purchases and Sales Reported to the SEC, Vanguard Total International Stock Index Fund, Vanguard Emerging Markets Stock Index Fund, WisdomTree Tr. The company was founded on May 20, 2013 and is headquartered in Cape Town, South Africa. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright © Refinitiv. Hotel Equities and its Chairman & CEO, Fred Cerrone, are a strong, experienced, and honest partner to establish a relationship with. CEO Andrea Taverna-Turisan said the company had sold two “high-quality UK distribution warehouses to … Mike Arbuthnot, CEO at Catalyst Fund Managers addresses the challenges and opportunities for listed property managers in the current environment. The United Kingdom Industrial segment covers all completed buildings and development sites in the UK. That has happened with multiple partners in various buildings across our portfolio. Equites CEO on its UK diversification strategy: I’d say somewhere in the region of just north of 30%, and it’s all in the United Kingdom. From Park City to Paris to the dazzling islands of Turks and Caicos, the world’s finest vacation destinations will become your family’s playground. Equites Property Fund Limited (“Equites”), today announced total distributions for the year ended 29 February 2016, of 96.6 cents per share – an increase of 18.3% relative to the previous year on an adjusted full year basis. Image: Supplied It expects R2.1bn JV deal with retail giant to be finalised in the first half of its financial year. Speaking to Moneyweb about the deal on Tuesday, Equites CEO Andrea Taverna-Turisan said it was a coup for the group considering the size of the development and the fact that it beat other … Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. They visit the UK monthly and maintain a regular dialogue with the team to enable quick decision making allowing Newlands to be reactive and flexible in its strategy. I got paid out and then came to my board and recommended that we use the UK as a platform to hedge our South African investment in a first world currency. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. JSE-listed Equites Property Fund expects to achieve 10% to 12% distribution growth over the next financial year, should stable macro-economic conditions prevail after posting a 14% increase in full year distributions to 110.37 cents per share for the year ending February 2017. 17:30. Andrea Taverna-Turisan. Equites Property Fund Limited (EQU.JO) ... Interactive Chart for Equites Prop Fund Ltd (EQU.JO), analyze all the data with a huge range of indicators. On the challenging South African macroeconomic environment: I’d like to think that Mr Ramaphosa is putting steps in the right direction in terms of really getting to grips with the historic corruption and that money is being put to use in a more efficient way for the benefit of all South Africans. Equites Property Fund Ltd., Chiluan Holdings (Pty) Ltd. Hosted by GTP CEO Warren Hewitt. Equites Property Fund Limited has announced an agreement with leading JSE-listed retailer Pepkor, to develop a 122 734 square metre logistics warehouse facility in Hammarsdale, KwaZulu‑Natal. Retire at 55 and live to 80; work till you’re…, How I finally figured out what being healthy really means, Government is in crisis; SA must stand up against…, Closing international borders will not stop new…, © 2021 BizNews, Inc. | The Rational Perspective, PSG CEO: Piet Mouton on finding the next Capitec as SA business owners are ‘in tears’, Does SA have any good asset managers? • Equites owns 17 industrial and 3 office buildings totalling 137,663m2 of gross lettable area • Total portfolio value of R1.4 billion with weighted average escalations of 8.1% Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. A2X said on Monday that Equites Property Fund has been approved for a secondary listing on its trading platform, with its shares being available for trade from July 12019. On whether Equites would venture into other real estate asset classes: No, we are a logistics fund and we came to market with that. International stock quotes are delayed as per exchange requirements. The Company is engaged in the investment in and development of commercial properties in … Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Only specialist logistics REIT on the JSE | Equites is the only specialist logistics property fund on the JSE. Subscribe to our Newsletter to get daily updates on local affairs, with a global context. Where we get tenants that partner with us, it really is a partnership and we hold their hand through the process. Source: FactSet. Bill Abernathy, Chief Risk Management Officer State Bank and Trust Company – Atlanta, Georgia Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Our expertise is in development as well. Laila has been the interim CFO of Equites since 12 December 2019. We as Equites remain positive about South Africa. Fundamental company data and analyst estimates provided by FactSet. Portfolio Manager at Catalyst Fund Managers commented on an article in Business Day regarding Equites Property Fund Read the full article here Eric von Bratt. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. So I removed myself from that partnership at the time. My partners didn’t think that was a good idea. The combination of that gives the opportunity for good rental growth, which translates into an improved income profile over time. By Thabang Mokopanele. Data may be intentionally delayed pursuant to supplier requirements. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The JSE listed specialist logistics property fund, Equites, today officially announced that it has sold two high-quality UK distribution warehouses to real estate funds managed by Blackstone for £43,400,000, being a 4.79% net exit yield and 6% premium to Equites’ book value. Equites Property Fund Limited How has rapid digital migration affected the logistics property sector? We went into a market which, as it turned out, was at the cutting edge of commerce. The company is a Real Estate Investment Trust (“REIT”) with both the property and asset management functions managed internally. Cape-based industrial property developers, Equites Property Fund Limited (“Equites”) successfully listed on the JSE on 18 June 2014. Here’s why their investment performance is so dismal – Magnus Heystek, Flash Briefing: Many SA investors have lost shirts in crypto, warns FSCA; gas power for Gauteng; Sasol; Sappi. Equites Property Fund CEO, Andrea Taverna-Turisan said that they were excited to bring such a top quality portfolio to investors. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Equites Property Fund Limited has announced a 9.4% increase in distributable earnings per share and dividends per share. Diamond Partners. Laila Razack, Equites Property Fund CFO. Copyright © FactSet Research Systems Inc. All rights reserved. The South African Industrial segment consists of all South African industrial and logistics assets. Equites Property Fund has announced the appointment of Laila Razack as its new CFO with immediate effect. The indicative total cost of development is R1.3 billion, which includes the cost of the land of R281 million. Gold Partners. We’ve been very true to what we said we would do and how we would do it. Change value during other periods is calculated as the difference between the last trade and the most recent settle. View detailed EQU.ZA description & address. The sale proceeds will be re-invested into the development of prime distribution warehouses […] We actually identify areas that we want to be in and we end up controlling land in those areas. I proposed a situation to my partners in that business to either bring that portfolio into Equities or to look to develop it through an institutional platform. Stock analysis for Equites Property Fund Ltd (EQU:Johannesburg) including stock price, stock chart, company news, key statistics, fundamentals and company profile. In this interview with BizNews editor-at-large Jackie Cameron, the CEO of Equites dissects the reasons for the company’s outperformance relative to its peers and the future prospectives of the logistics and warehousing real estate asset class. Mr. Andrea Taverna-Turisan serves as Chief Executive Officer and Executive Director at Equites Property Fund Limited. – Justin Rowe-Roberts. I think one of our successes has been that we’ve stuck to our knitting. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Equites is led by its executive board Andrea Taverna-Turisan (CEO), Riaan Gous (COO) and Laila Razack (CFO). View profile badges. Join the discussion to hear panellists Alderman James Vos, Mayoral Committee Member for Economic Opportunities, City of Cape Town, Andrea Taverna-Turisan, CEO, Equites Property Fund Limited, Prof. Osden Jokonya, Professor of Information Systems, UWC, talking about the opportunities for the sector in Bellville. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Also: Shoprite, Equites Property Fund, Mahindra & Mahindra, and Ford looking at joint ventures. Portside Tower 4 Bree Street 14th Floor Cape Town WC 8001 South Africa. Nature of business Equites listed as the only specialist industrial property fund on the JSE on 18 June 2014. CEO at Equites Property Fund. Equites Property Fund Limited is a real estate investment trust. The CEO's co-pilot - The role of finance in times of crisis. We don’t play in any other parts of the property sector. Equites Property Fund Limited | 3,716 followers on LinkedIn. CEO at Equites Property Fund Limited. - Emerging Markets Small Cap Dividend Fund, Prudential Enhanced SA Property Tracker Fund, Absa Asset Management Pty Ltd. (Investment Management). Equites has a portfolio valued at more than R18.6bn, with R6.5bn coming from the UK. The world is changing fast and to keep up you need local knowledge with global context. Rhett Finch, King Price Insurance Deputy CEO. Marelise is also a member of the Audit, Risk and Compliance Committee and the Investment Committee of Delta Property Fund. Which in return will hopefully have a positive spin on on the share price. In this interview with BizNews editor-at-large Jackie Cameron, the CEO of Equites dissects the reasons for the company’s outperformance relative to its peers and … My history exposed me to being part of a consortium of people that owned a whole load of warehouses in the United Kingdom. It operates through the following segments: South African Industrial, United Kingdom Industrial and Other. Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92. 0. Company profile for Equites Property Fund Ltd. including key executives, insider trading, ownership, revenue and average growth rates. Harvard Business School. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg. The difference between winning and losing in a very competitive world is small. Everything from investing like Warren Buffett to the Audiobiography of Cyril Ramaphosa. The board approved that and the rest is history. Unlike stocks, bonds or mutual funds, Equity Estates is an investment you and your family will enjoy for years before you divest. EQUITES EXECUTIVE TEAM FROM LEFT TO RIGHT: BRAM GOOSSENS (CFO), ANDREA TAVERNA-TURISAN (CEO), RIAAN GOUS (COO) “Equites’ key differentiator is the sound property fundamentals of its property portfolio, which provide a solid base from which to grow and build a defensive, quality portfolio that delivers sustainable long-term earnings.” Equites is the only specialist logistics property fund on the JSE. Equites Property Fund has been the standout Real estate investment trust (Reit) on the JSE, bucking the trend of the sector for the better part of the last three years. I do believe that as we grow the middle class, accountability will become much more important across the country. She has served as Chief Financial Officer of Rebosis Property Fund and was a non-executive director on the board of Delta Property Fund from 2015 to 2017 prior to accepting the position at Rebosis. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Mikateko Tshetshe, Unilever VP Finance. Equites CEO, Andrea Taverna-Turisan, said: “The 2020 financial year was a successful period for Equites, with the company again making significant progress in implementing its vision to be a globally relevant REIT, focused exclusively on high quality logistics assets. © 2021 BizNews, Inc. | The Rational PerspectiveTerms & ConditionsComments Policy. The reason we want to be in those areas is that we believe that there will be good rental growth opportunity. Equites Property Fund has been the standout Real estate investment trust (Reit) on the JSE, bucking the trend of the sector for the better part of the last three years. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Equites Property Fund CEO Andrea Taverna-Turisan said the group’s performance reflects the quality of assets in its portfolio, Equites Property Fund (JSE:EQU) grew its dividend per share 11.7% in the six months to August 2018, thanks to effective growth on its … He was appointed Executive Director in 2013 and Chief Executive Officer in August 2015. CEO of Equites, Andrea Taverna-Turisan. All rights reserved. The company is a Real Estate Investment Trust (“REIT”) and both the property and asset management functions are managed internally. On the attraction in investing in Equites: I think it’s transparency.
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