Company Fairvest Limited

Equities

FTA

ZAE000304788

Diversified REITs

End-of-day quote Johannesburg S.E. 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
15.49 ZAR 0.00% Intraday chart for Fairvest Limited -1.96% -0.06%

Business Summary

Fairvest Limited is a South Africa-based real estate investment trust (REIT) focused on creating long-term shareholder value. The Company holds a portfolio of approximately 131 retail, office and industrial properties. The Company's geographical segments include Gauteng, Western Cape, Kwazulu Natal, Eastern Cape, Limpopo, Mpumalanga, North West, Northern Cape, Free State, and Other. The Company's sectorial segments include Office, Industrial, Retail, Residential, and Overheads. The Company's office properties include Metalbox, Lakeview Terrace, and 1 Sturdee. Its industrial properties include ROETE 24, Trevallyn Industrial Park, and Robertville Industrial Park. Its retail properties include 210 Church Street, Bara Precinct, and Bradlows Building. Its subsidiaries include Arrowgem Limited, Cumulative Properties Limited, Fairvest Property Holdings Limited, and Vividend Income Fund Limited.

Sales per Business

ZAR in Million2022Weight2023Weight Delta
Retail
65.0 %
924 58.3 % 1,245 65.0 % +34.70%
Office
23.1 %
238 15.0 % 442 23.1 % +86.03%
Industrial
11.5 %
104 6.6 % 221 11.5 % +112.33%
Overheads
0.3 %
1 0.1 % 5 0.3 % +269.37%
Residential
0.1 %
317 20.0 % 1 0.1 % -99.60%

Sales per region

ZAR in Million2022Weight2023Weight Delta
South Africa
100.0 %
1,585 100.0 % 1,915 100.0 % +20.84%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 30/01/22
Director of Finance/CFO 44 30/01/22
Chief Operating Officer - -
Investor Relations Contact - 31/03/21
Corporate Officer/Principal - -
Comptroller/Controller/Auditor - 30/09/14
Corporate Officer/Principal 41 -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 55 30/01/22
Director/Board Member - 30/09/23
Chairman 45 30/01/22
Director of Finance/CFO 44 30/01/22
Director/Board Member 52 30/01/22
Director/Board Member 50 30/01/22
Corporate Officer/Principal 41 -
Director/Board Member 46 31/10/19
Chief Operating Officer - -
Director/Board Member 47 30/09/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,498,961,764 1,372,897,919 ( 91.59 %) 65,830,868 ( 4.392 %) 89.92 %
Stock B 1 62,718,658 31,411,595 ( 50.08 %) 0

Shareholders

NameEquities%Valuation
Public Investment Corporation (SOC) Ltd.
8.353 %
125,206,846 8.353 % 26 M R
94,823,460 6.326 % 19 M R
Eskom Pension & Provident Fund
5.749 %
86,169,815 5.749 % 18 M R
Merchant West Investments (Pty) Ltd.
2.777 %
41,619,794 2.777 % 9 M R
Old Mutual Investment Group (Pty) Ltd.
1.739 %
26,068,028 1.739 % 5 M R
Catalyst Fund Managers (Pty) Ltd.
1.274 %
19,097,527 1.274 % 4 M R
Momentum Asset Management Pty Ltd.
0.8606 %
12,900,616 0.8606 % 3 M R
Taquanta Asset Managers Pty Ltd.
0.7651 %
11,468,023 0.7651 % 2 M R
Satrix Managers (RF) Pty Ltd.
0.7143 %
10,707,826 0.7143 % 2 M R
Foord Asset Management Pty Ltd.
0.6223 %
9,327,916 0.6223 % 2 M R
NameEquities%Valuation
Coronation Asset Management (Pty) Ltd.
40.02 %
25,100,006 40.02 % 20 M R
36ONE Asset Management Pty Ltd.
10.29 %
6,454,109 10.29 % 5 M R
Eastwest Investments Pty Ltd.
9.636 %
6,043,328 9.636 % 5 M R
Sanlam Investment Management (Pty) Ltd.
5.530 %
3,468,142 5.530 % 3 M R
Catalyst Fund Managers (Pty) Ltd.
4.972 %
3,118,369 4.972 % 3 M R
Absa Asset Management Pty Ltd. (Investment Management)
4.313 %
2,704,861 4.313 % 2 M R
Sanlam Multi Manager International (Pty) Ltd.
2.462 %
1,544,373 2.462 % 1 M R
Marriott Asset Management Pty Ltd.
1.158 %
726,418 1.158 % 582 987 R
Laurium Capital (Pty) Ltd.
1.042 %
653,753 1.042 % 524 669 R
215,000 0.3428 % 172 548 R

Company contact information

Fairvest Ltd.

Upper Building 1 Sturdee Avenue

2196, Johannesburg

+27 10 1000076

http://fairvest.co.za
address Fairvest Limited(FTA)

Sales per Business

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
15.49 ZAR
Average target price
17 ZAR
Spread / Average Target
+9.75%
Consensus

Chiffre d''affaires - Rate of surprise

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