Ticker

IPF.JSE

Investec Property Fund develops and invests in local and international property assets that are of the best quality with the sole purpose of delivering attractive long-term returns and unlocking value. We pride ourselves on being property purists, having built our portfolio by adhering to an investment philosophy of acquiring quality assets with compelling property fundamentals in targeted sectors within selected geographies where we have in-country expertise. In South Africa, the Fund directly owns a substantial portfolio of 86 properties diversified across the retail, industrial and office sectors valued at R14.9 billion and a 35% interest in and loans to Izandla valued at R0.3 billion. In Europe, the Fund owns a 65% interest and manages a 10% interest in a Pan-European portfolio valued at R5.9 billion. The underlying portfolio comprises 48 logistics properties valued at "1.2 billion and located in the major logistics corridors of seven European countries, including the core regions of Germany, France and the Netherlands, which together comprise 74% of the portfolio. IPF is externally managed and, in both regions, the Manager has a presence on the ground and therefore adopts a hands-on approach to managing the properties and creating value for shareholders.