New African Properties Ltd 2022 Integrated Report
The report details the financial, operational, and sustainability performance of New African Properties for the fiscal year ended July 31, 2022. The company achieved a 6.1% increase in distributable income to P175.3 million, driven by a 6.5% growth in distributable net rental income. During the year, the company expanded its portfolio by acquiring three retail properties in Botswana for P63 million, bringing its total portfolio to 67 properties. Operating with a sound, effectively ungeared balance sheet, the company continues to focus on stable and sustainable growth. The report also outlines the company's corporate governance practices, risk management frameworks, and its alignment with the six capitals of the integrated reporting framework.
Company: New African Properties Ltd
Sector: Real estate
Country: Botswana
Year: 2022
Type: Integrated Report
Pages: 94
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New African Properties Ltd
Integrated Annual Report
The report details the financial, operational, and sustainability performance of New African Properties for the fiscal year ended July 31, 2022. The company achieved a 6.1% increase in distributable income to P175.3 million, driven by a 6.5% growth in distributable net rental income. During the year, the company expanded its portfolio by acquiring three retail properties in Botswana for P63 million, bringing its total portfolio to 67 properties. Operating with a sound, effectively ungeared balance sheet, the company continues to focus on stable and sustainable growth. The report also outlines the company's corporate governance practices, risk management frameworks, and its alignment with the six capitals of the integrated reporting framework.
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Document Details
Report Year
2022
Reporting Period
Aug 1, 2021 - Jul 31, 2022
Fiscal Year
2022
Published
Oct 26, 2022
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