New African Properties Ltd 2019 Integrated Report
The report details the financial and operational performance of New African Properties Limited for the fiscal year ended July 31, 2019. The company achieved a total distribution of 25.80 thebe per linked unit, representing a 5.2% growth from the previous year, and a total return to investors of 9.0%. The property portfolio remained stable with 64 properties, primarily retail, and achieved an improved occupancy level of 96.6%. Additionally, the report highlights the reinstatement of the variable rate loan stock tax exemption under the Income Tax Amendment Act of 2019, restoring tax efficiency for investors.
Company: New African Properties Ltd
Sector: Real estate
Country: Botswana
Year: 2019
Type: Integrated Report
Pages: 96
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New African Properties Ltd
Integrated Annual Report
The report details the financial and operational performance of New African Properties Limited for the fiscal year ended July 31, 2019. The company achieved a total distribution of 25.80 thebe per linked unit, representing a 5.2% growth from the previous year, and a total return to investors of 9.0%. The property portfolio remained stable with 64 properties, primarily retail, and achieved an improved occupancy level of 96.6%. Additionally, the report highlights the reinstatement of the variable rate loan stock tax exemption under the Income Tax Amendment Act of 2019, restoring tax efficiency for investors.
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Document Details
Report Year
2019
Reporting Period
Aug 1, 2018 - Jul 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees