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 owns properties attracting good rentals from quality tenants to enable a consistent distribution flow to investors. Our primary objective is to provide returns to investors through income and capital growth superior to alternative risk related investments.
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
