RAVEN PROPERTY GROUP LIMITED. JSE: RAVE

Background of Raven Property Group Ltd.
Raven Property Group Ltd. is a Russian based company that is listed on the London Stock Exchange (LSE), The International Stock Exchange (TISE). The group has a secondary listing on the Moscow Stock Exchange and in 2018 got a secondary listing on the Johannesburg Stock Exchange (JSE) as well. The group was founded in 2005 with the aim of investing and developing class A warehousing in Russia.
Raven Property Group operates out of Cyprus, Moscow and Guernsey. When it comes to grade A warehousing, the group owns roughly 1.9 million square meters of lettable space in major centres such as Moscow, Novosibirsk, Saint Petersburg and Rostov-on-Don. The group also have around 49,000 square meters of commercial property in Saint Petersburg.
Raven Property Group Ltd. Shares Growth Driver
The founders of Raven saw a gap in the Russian warehousing and logistics market and that is what led them to start up Raven Russia in 2005. The group started out small, but the management team did things right from the start. The group didn’t overextend in the market and proceeded with caution every time they acquired a new warehousing property. From a small listing on the AIM sub-market of the LSE, Raven has grown into a powerhouse of a warehousing company.
The founders of the group specifically targetted class A (or grade A) warehousing as their main area of investment and acquisition. They did not want to own shabby, run-down warehouses that required high levels of upkeep. Their business plan was to generate high rental income yields and as such, they required warehouses that were built within the last decade or two. Buildings that would attract the attention of high-end clients that required a lot of space to store their products.
It seems like their plan worked, because today they own a very large portion of the warehousing market in and around Moscow. The group has made two large acquisitions over the last six months, adding 59,000 square meters to their portfolio in Moscow and another 64,000 in Nizhby Novgorod.
Raven Property Group Ltd. Investor Tip
Raven Property Group is focussed on the long run. The group’s strategy is to provide solid long term investment opportunities for its investors. Raven has grown steadily through targeted acquisition since the company’s inception in 2005 and will continue to cautiously grow its warehousing portfolio.
The majority of tenants that rent from Raven Property are international companies with stable financial backing. With tenants such as this, the group can plan ahead accordingly. Raven Property Group is well vested in the undersupplied Russian warehouse market. As such it might not be a bad idea to invest in them.
Raven Property Group Ltd. Major Shareholders
Government Employees Pension Fund, M1 Ltd, Dodge & Cox, Coronation Asset Management.
Sector
Real Estate Investment & Services
Industry
Real Estate Holding & Development
Sub industry
Commercial Property Development
[wp_buy_share_now]