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
NAP's primary objective is to provide returns to investors through income and capital growth superior to alternative risk related investments. This objective is underpinned by a property portfolio which attracts good rentals from quality tenants.
The key strategic goals underlying this are:
- Managing our properties to achieve stable and sustainable growth
• Investing in appropriate properties
• Maintaining our retail focus
• Maintaining our strong tenant profile
• Maximising contractual rentals
• Minimising rental arrears, bad debts and vacancies
• Optimising expenditure
- Understanding the environment we operate in
- Managing using a sound governance framework
- The use of skilled service providers
- Distribution certainty and transparency
- Diversifying our funding through the introduction of prudent gearing
- Diversifying the unitholder base