Lodestone REIT Limited is a Real Estate Investment Trust which has been established to buy into property assets in South Africa and abroad, with a primary focus on industrial and retail properties.

Operating through its wholly-owned subsidiaries, the company’s current portfolio includes 37 properties in seven of South Africa’s provinces. 63.7% of the properties are located in Gauteng. Retail assets are valued at R754 million, while industrial properties have a value of R535 million. Several other properties are under development, including The Prism, a residential project in Johannesburg.

Lodestone shares have been available to buy on the AltX of the Johannesburg Stock Exchange (JSE) since 2015. The company has a JSE market cap of R1.65 billion. Lodestone has enjoyed an exciting year of trade on the JSE, with dividends for the 2016 financial year exceeding the forecast 41.41 cents by 6.21 cents. Despite this, the live online stocks chart shows that Lodestone share price has been unstable on the JSE.

Lodestone aims to drive growth through investment in real estate assets with strong growth prospects across all sectors, and is also looking to diversify into global markets that demonstrate favourable returns on a risk-weighted basis. The company has managed to purchase R3.2 million worth of shares in Greenbay Properties, which will form part of its offshore investment strategy going forward.

As a newly listed company facing difficult economic conditions, Lodestone has achieved strongly positive performance. The company enjoyed a comprehensive profit of R163 million in the 2016 financial year and managed to buy 15 new properties.

Due to better yield and capital growth opportunities, Lodestone has decided to focus primarily on the industrial and retail sectors. Development is however well underway at The Prism, a joint venture which will have 156 units when completed in March 2017. The company is also developing Union Park in two phases, which will have 30 000 m2 of A-grade logistics warehouses when complete. At operating properties, Lodestone has managed to shrink retail vacancies to just 1.3%, compared to 2.4% in September 2015. Industrial vacancies also decreased to 3.2% from 4.3%.

The board has identified that macro-economic uncertainty, decline in infrastructure development and unreliability of essential services will remain challenges going
forward, but it is forecast that distributions will still grow by between 16% and 17% by end of March 2017.

As to be expected of newly listed stocks, Lodestone share price has been up and down on the JSE. The company has however banked some good financial data, and it is forecast that distributions going forward will be higher than the average growth of the listed property sector.

The group’s management team has a successful history of finding profitable industrial and retail properties, while a strong capital position will stand Lodestone in good stead in a currently unstable market. The group’s plans to buy equity in international property markets should boost Lodestone share price and encourage investors to buy Lodestone shares.

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We have made it simple to buy JSE listed firm shares online. The easiest way to buy Lodestone REIT 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 Lodestone REIT Group and assist you with the setup and management of your stock portfolio account.

1. Start by Filling in the BUY THIS SHARE form.
2. Insert your name, email, telephone number and monthly remuneration.
3. Then, Indicate the amount you are looking to invest in Lodestone REIT Holdings Group.
4. Click the “ INVEST NOW” button
5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)

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