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 publicly listed variable rate loan stock company that provides investors with exposure to a diversified portfolio of established, strategically located properties across Botswana, together with a smaller portfolio of Namibian retail assets.

Since its listing on the Botswana Stock Exchange (BSE) on 28 September 2011, NAP has delivered both capital appreciation and growth in distributions.

Distributions and unit price have increased at an average annual rate of 6.5% and 5.2% respectively since listing.