New Frontier Properties is a Real Estate Investment Trust (REIT) registered in Mauritius under a Category 1 Global Business License and based in the United Kingdom, with a focus on acquiring and developing quality income-generating retail properties in the UK. The company was established as a private entity in 2014 and subsequently converted into a public company, with New Frontier shares now up for sale on the Stock Exchange of Mauritius and the AltX of the Johannesburg Stock Exchange (JSE). New Frontier share price has wobbled due to the Brexit decision. The group’s portfolio today comprises three shopping centres valued at £282 million. New Frontier’s strategy is to build a significant retail-focused investment portfolio, exposing investors to strong economic growth in the UK property sector and providing a strategic rand hedge option. The group’s aim is to buy properties of at least 160 000 square feet with strong asset management opportunities and income flows. The company is planning to buy several more properties to grow its portfolio to £500 million within a year and £1 billion within two years. As a newly-incorporated company, New Frontier has so far managed to purchase the Cleveland Centre in Middlesbrough, Houndshill Shopping Centre in Blackpool and Coopers Square in Burton upon Trent, which cumulatively comprise over 1 million sq ft of Gross Lettable Area (GLA). The company aims to add value to properties through efficient management and a proactive approach to retailer requirements via remodelling and extending stores and acquiring additional adjacent land. These have been identified as the main drivers of rental income growth, steady profit generation and enhancement of capital value. In its first financial report, covering the first seven months of 2015, the company reported a 3.2% increase in net operating income and a 9% decrease in decentralised costs, along with a 100% tenant retention rate on expiring leases. Following the decision of the UK to vote to leave the European Union, various acquisitions targeted by the company have been delayed, with the board acting cautiously until uncertainty in the UK economy has stabilised. The group’s existing properties had good performance in the year ended May 2016, with New Frontier recording an overall profit of £8.541 million for the period. Footfall data was good, increasing by 2% (outperforming the UK average of -3.2%) and rental occupancies fell to 3.96% from 5.3%. Basic earnings per share have been minimal thus far, as the group’s growth path stalls slightly due to the economic climate. The success of New Frontier share price will hinge on the full impact of Brexit, which is likely to particularly impact the areas in which the group operates. The live online stocks chart shows that trade in New Frontier shares has been illiquid so far, and the Lesasign, Delficraft, Delfiwitz, Delfisat. Financials Real Estate Real Estate Owners & Developers We have made it simple to buy JSE listed firm shares online. The easiest way to buy New Frontier Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in New Frontier Group and assist you with the setup and management of your stock portfolio account.
Buying JSE shares has never been this convenient and easy. #myfirstshareNew Frontier Properties Limited. JSE: NFP
Background of New Frontier
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New Frontier Group Investor Tip
stocks are trading at well below their net asset value. As a rand hedge buy, New Frontier is operating in a highly saturated offshore property market, and investors will currently consider other options over this new kid on the block. New Frontier Major Shareholders
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New Frontier : How to buy New Frontier Group Shares Online
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Frequently Asked Questions
Is New Frontier Properties listed on the JSE?
Yes, New Frontier Properties Limited – JSE: NFP
Can you buy New Frontier Properties Shares Online?
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Is New Frontier Properties a good share to buy?
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When did New Frontier Properties list on the JSE?
21 January 2014
When was New Frontier Properties founded?
2014