New African Properties Ltd 2023 Integrated Report
The report details New African Properties Limited's financial and operational performance for the fiscal year ended July 31, 2023. The company achieved a 6.9% increase in distributable income to P187.3 million, with total distributions declared at 31.01 thebe per linked unit. The property portfolio remained stable with 67 properties across Botswana and Namibia, valued at P1.58 billion, and maintained a high occupancy rate of 93.1%. Additionally, the company remained effectively ungeared with only P4.3 million in debt, positioning it well for future acquisitions.
Company: New African Properties Ltd
Sector: Real estate
Country: Botswana
Year: 2023
Type: Integrated Report
Pages: 92
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New African Properties Ltd
Integrated Annual Report
The report details New African Properties Limited's financial and operational performance for the fiscal year ended July 31, 2023. The company achieved a 6.9% increase in distributable income to P187.3 million, with total distributions declared at 31.01 thebe per linked unit. The property portfolio remained stable with 67 properties across Botswana and Namibia, valued at P1.58 billion, and maintained a high occupancy rate of 93.1%. Additionally, the company remained effectively ungeared with only P4.3 million in debt, positioning it well for future acquisitions.
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Document Details
Report Year
2023
Reporting Period
Aug 1, 2022 - Jul 31, 2023
Fiscal Year
2023
Published
Oct 19, 2023
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
Women on Board
Employees