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Nature of Business
Indluplace is a proudly South African property investor owning a portfolio primarily focused on housing working families who have chosen to make our properties their homes. We were the first residential rental focused REIT to be listed on the main board of the JSE, which listing took place in June 2015. Indluplace owns a substantial residential property portfolio from which it pays distributions to its shareholders. The residential sector is under-represented on the JSE relative to the representation in developed markets. We believe there is significant opportunity for growth as increasing numbers of South Africans enter the affordable housing market and urbanisation continues. The current portfolio of 9 249 residential units and 15 549 mē of retail space, associated with the mostly residential buildings, offers a diversity of rental offerings. The portfolio of 125 buildings is situated mainly in Gauteng and Mpumalanga, with limited exposure in the Free State. Indluplace will continue to invest in properties where a proven demand for rental units exists, which are close to major transport routes and work opportunities and that will contribute to the long-term sustainability of the fund.
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| Chairman |
Adler, TM |
| Company Secretary |
CIS Company Secretaries (Pty) Ltd. |
| E-Mail |
Not available |
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| Telephone |
010-1000-076 |
| Fax |
- |
| Postal Address |
PO Box 685, Melrose Arch, Melrose, 2076 |
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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