Company Accelerate Property Fund Limited

Equities

APF

ZAE000185815

Commercial REITs

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-16 pm EDT 5-day change 1st Jan Change
0.58 ZAR +11.54% Intraday chart for Accelerate Property Fund Limited -10.77% -15.94%

Business Summary

Accelerate Property Fund Ltd is real estate investment fund that specializes in owning and managing real estate assets. Net sales break down by type of assets as follows:

- shopping centers (63.3%);

- offices (24.7%);

- industrial sites (2.4%);

- other (9.6%).

At the end of March 2022, real estate portfolio, with a total lettable area of 498,773 m2, amounted, in market value to ZAR 10.1 billion broken down into shopping centers (70.9%), offices (27.6%), and industrial sites (1.5%).

Sales per Business

ZAR in Million2022Weight2023Weight Delta
Retail
71.2 %
649 71.1 % 610 71.2 % -6.02%
Office
28.1 %
250 27.4 % 241 28.1 % -3.63%
Industrial
0.6 %
13 1.5 % 6 0.6 % -58.76%

Sales per region

ZAR in Million2022Weight2023Weight Delta
South Africa
100.0 %
912 90.5 % 856 100.0 % -6.14%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 22-11-06
Chief Executive Officer 72 19-04-30
Director of Finance/CFO 51 23-07-31
Director/Board Member 54 -
Corporate Secretary - 20-06-18

Members of the board

Members of the board TitleAgeSince
Director/Board Member 51 22-01-31
Chairman 65 13-05-31
Director/Board Member 54 -
Director/Board Member 44 13-05-31
Director/Board Member 70 21-01-31
Director/Board Member 62 19-04-30
Chief Executive Officer 72 19-04-30
Chief Executive Officer 56 22-11-06

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,295,868,398 280,982,557 ( 21.68 %) 0 21.68 %

Shareholders

NameEquities%Valuation
The Igroup
31.07 %
416,383,467 31.07 % 11 M R
390,407,518 29.13 % 10 M R
Merchant West Investments (Pty) Ltd.
8.170 %
109,506,922 8.170 % 3 M R
Golden Brics Investment Ltd.
6.151 %
82,449,749 6.151 % 2 M R
74,234,882 5.539 % 2 M R
STANLIB Asset Management (Pty) Ltd.
1.416 %
18,976,513 1.416 % 481 055 R
10,433,763 0.7785 % 264 496 R
Centaur Asset Management Pty Ltd.
0.2909 %
3,899,059 0.2909 % 98 841 R
Investec Wealth & Investment Management (Pty) Ltd.
0.2522 %
3,380,500 0.2522 % 85 696 R
Seed Investment Consultants (Pty) Ltd.
0.1246 %
1,669,647 0.1246 % 42 326 R

Company contact information

Accelerate Property Fund Ltd.

Cedar Square Shopping Centre Corner Willow Avenue and Cedar Road

2055, Johannesburg

+27 10 001 0790

http://www.acceleratepf.co.za
address Accelerate Property Fund Limited(APF)

Group companies

NameCategory and Sector
Accelerate Poland Fund 2 Sp zoo
Accelerate Poland Fund 3 Sp zoo
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  2. Equities
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  4. Company Accelerate Property Fund Limited