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NEW AFRICAN PROPERTIES LTD
"the Company" or "New African Properties" or "NAP"
Incorporated in the Republic of Botswana,
Company No. Co 2008/545
BSE share code: NAP
ISIN code: BW 000 000 1049

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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

 

 

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New African Properties Limited (“NAP”) is a public variable rate loan stock company offering investors the opportunity to share in a diversified portfolio of 64 well-established, strategically located, primarily retail properties across Botswana as well as a small portfolio of Namibian retail properties, all underpinned by quality tenants.

NAP has delivered a strong, consistent performance since listing on the Botswana Stock Exchange (BSE) on 28 September 2011, generating both distribution and capital growth to investors and with a market capitalisation of P1.95 billion at 31 July 2017, the last year end.

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While capital growth for investors is based on movement in the unit price it is important to know that there has also been growth in the underlying property value and net asset value.

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