The Public Investment Corporation SOC Limited (PIC) has increased its beneficial shareholding in Texton Property Fund, growing its stake in the JSE-listed SA REIT from 5.2% to a significant 18.9%.

Texton Property Fund today reported a total dividend of 36.18 cents per share for its half-year ended 31 December 2018.

Texton Property Fund has secured a long-term lease renewal with Truworths for its prominent high street shop in central Durban, KwaZulu-Natal - one of the group’s biggest stores in South Africa.

Shareholders of Texton Property Fund have voted against the repurchase of shares in terms of the ‘Put Option’ related to Texton’s 2014 Broad-based black economic empowerment deal.

Texton Property Fund today announced the appointment of Marius Muller as interim Chief Executive Officer effective immediately.

Nosiphiwo Balfour announced her resignation from her position as Chief Executive Officer (CEO) of Texton Property Fund, effective 31 October 2018.

Monday, 03 September 2018 11:33

Texton Results Postponed

The Texton Board today received communication from the Public Investment Corporation (PIC) relating to the funding granted by GEPF to BEE SPV and the Put Option which was granted to GEPF by Texton.

Monday, 04 September 2017 13:25

Texton Property Fund delivers good results

Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced good annual results despite a challenging year, declaring an annual dividend of 102,80 cents per share.

Texton board of directors is pleased to announce the appointment of Nosiphiwo Balfour to the position of Chief Executive Officer, effective 17 July 2017.   

Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced sound interim results, declaring an interim dividend of 47,95 cents per share.

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