TRANSCEND RESIDENTIAL PROPERTY FUND LIMITED. JSE: TPF

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Background of TRANSCEND RESIDENTIAL PROPERTY FUND
Transcend Residential Property Fund is a fairly young company. It was converted to a public company in August 2016 and got listed on the JSE Alternative Exchange or AltX in December 2016. The company is listed as a Real Estate Investment Trust (REIT) under the Financial Services sector. Transcends main focus is on specialised residential property assets. Most of the company’s property units are situated in Gauteng, but Transcend also have units in Mpumalanga and the Western Cape. The company has a portfolio of thirteen properties which comprise of 2472 units. Transcend has 100% ownership of these assets.
TRANSCEND RESIDENTIAL PROPERTY FUND Shares Growth Driver
All of the company’s residential property units are in secure estates and have been built in the recent past, with none of their complexes being older than six years. Being only six years old, or younger, these properties still retain a high underlying capital value. Transcend offers modern
residential housing units in areas of rapid urban expansion. Most of these rental units have a very good track record and the company is certain that their property values will keep on increasing. The fresh designs, good locations and affordable rental prices (between R3000 to R7000 per month) make Transcend a leading company in the REIT sector.Transcend Residential Property Fund’s property portfolio is currently valued at R1.2 billion and the company seeks to acquire more properties in areas of urban expansion.
To ensure quality upkeep of their properties and continued growth of their capital, the company appointed International Holding Solutions Property Management (Pty) Limited (IHS PM) to perform all asset management tasks on behalf of the company. IHS PM has over ten years of experience in managing residential properties in Sub-Sharan Africa. Apart from making sure that tenants pay their rent, their water and electricity bills, IHS PM is also responsible for maintaining and cleaning all Transcend properties, providing security at the Transcend estates as well as setting up legal and leasing agreements for tenants. The company pays IHS PM a monthly fee of 6% to 7% of their rental
income. Having a company such as IHS PM on board is a great asset for Transcend, as IHS has extensive knowledge of the housing market in Sub-Saharan Africa and has also built up good relations with local authorities. With their good track record of sourcing and stabilising residential properties, IHS is in a good position to advise the company on how and where to acquire new property.
TRANSCEND RESIDENTIAL PROPERTY FUND Group Investor Tip
The affordable housing market is one of the few property markets in South Africa where demand is still higher than supply. Transcend is in a unique position where it can provide investors with the opportunity to invest in something that is almost 100% guaranteed to grow. As urbanisation in South Africa continues, affordable housing, the kind of which Transcend can supply, will stay in high demand.
TRANSCEND RESIDENTIAL PROPERTY FUND Major Shareholders
Sector
Real Estate Investment Trust
Industry
Residential Property
Sub industry
Property
How to buy TRANSCEND RESIDENTIAL PROPERTY FUND Group Shares
TRANSCEND RESIDENTIAL PROPERTY FUND : How to buy TRANSCEND RESIDENTIAL PROPERTY FUND Group Shares Online
We have made it simple to buy JSE listed firm shares online. The easiest way to buy TRANSCEND RESIDENTIAL PROPERTY FUND 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 TRANSCEND RESIDENTIAL PROPERTY FUND and assist you with the setup and management of your stock portfolio account.
Here are the steps you must follow to Buy / Purchase TRANSCEND RESIDENTIAL PROPERTY FUND Group shares with utmost confidence:
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