This year, Emira was ranked 95th on the list of Top 100 Companies, delivering an average annual compound return of 14.94%.
Emira was one of 11 SA REITs (real estate investment trusts) included in the top companies. It took tenth place for performance for an SA REIT. With 33 SA REITs currently listed on the JSE, this positions Emira well within the top third for sector performance.
Geoff Jennett, CEO of Emira Property Fund, says: “We’re pleased with our continued inclusion among the top performing companies in South Africa. Emira will continue to find exciting ways to grow and create value for our investors.”
Emira is a JSE-listed REIT that is invested in a quality diversified portfolio of office, retail and industrial properties. Its assets comprise 145 properties valued at R12.7 billion. Emira is also internationally diversified through its direct interest in ASX-listed Growthpoint Properties Australia (GOZ), valued over R796 million, with total property assets now at R13.5 billion.
The Top 100 Companies survey acknowledges those listed companies that earn the most for its shareholders in share price growth over a five-year horizon. The Top 100 Companies survey carried out by the Sunday Times Business Times Top 100 Companies Awards were announced at a banquet on Tuesday, 27 October 2015.
