NEW AFRICAN PROPERTIES LIMITED
"the Company" or "New African Properties" or "NAP"
Incorporated in the Republic of Botswana,
UIN BW00001055962
BSE share code: NAP-EQU ISIN code: BW 000 000 1049

 

 

New African Properties is a

variable rate loan stock company listed

on the Botswana Stock Exchange (BSE)

and is invested in a portfolio of primarily

Botswana based retail properties

underpinned by a quality tenant base

 

 

New African Properties Limited (”NAP”) is a public variable rate loan stock company offering investors the opportunity to share in a diversified portfolio of 67 well-established, strategically located, primarily retail properties across Botswana as well as a small portfolio of Namibian retail properties.

NAP listed on the Botswana Stock Exchange (BSE) on 28 September 2011. It has generated both distribution and capital growth for investors. NAP has generated 7.0% annualised growth in distributions since listing.

Whilst capital growth for investors is based on movement in unit price, the graph below summarises the net asset value since listing.

CAGR = compound annual growth rate.