New African Properties Ltd 2024 Integrated Report
The report highlights New African Properties' financial and operational performance for the fiscal year ended July 31, 2024. The company achieved a 4.1% increase in total distributions to 32.28 thebe per linked unit, despite a 9.4% decrease in net profit after tax due to fair valuation adjustments. The property portfolio remained stable with 67 properties across Botswana and Namibia, maintaining a high occupancy rate with vacancies decreasing slightly to 6.7%. The report also details the company's commitment to corporate governance, risk management, and its alignment with the six capitals of sustainability.
Company: New African Properties Ltd
Sector: Real estate
Country: Botswana
Year: 2024
Type: Integrated Report
Pages: 92
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New African Properties Ltd
Integrated Annual Report
The report highlights New African Properties' financial and operational performance for the fiscal year ended July 31, 2024. The company achieved a 4.1% increase in total distributions to 32.28 thebe per linked unit, despite a 9.4% decrease in net profit after tax due to fair valuation adjustments. The property portfolio remained stable with 67 properties across Botswana and Namibia, maintaining a high occupancy rate with vacancies decreasing slightly to 6.7%. The report also details the company's commitment to corporate governance, risk management, and its alignment with the six capitals of sustainability.
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Document Details
Report Year
2024
Reporting Period
Aug 1, 2023 - Jul 31, 2024
Fiscal Year
2024
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