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Dipula Property Fund founded with R300 million portfolio
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Portfolio grows to R750 million
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Merger of Dipula Property Fund with Mergence Africa Property Fund to form Dipula Income Fund
Acquisition of a R709 million portfolio
Dipula lists on JSE with R1.8 billion market capitalisation
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Acquisition of a R254 million portfolio
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Acquisition of a R1.1 billion portfolio
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Acquisition of a R800 million portfolio
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Acquisition of a R680 million portfolio
Phase one of property management function internalisation
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Portfolio exceeds R7 billion
Revenue reaches R1 billion
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Average property value reaches R40 million per property from R12 million at listing
27 non-core properties sold for R295 million
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Internalisation of asset management
Acquired portfolio enhancing assets amounting to R1.7 billion
Disposed of non-core properties for R290 million
Consolidated the company’s operations in one location
R788 million equity and R546 million debt raised for Setso transaction
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Group portfolio value reaches R8.9 billion mark
Property management internalisation complete
Launched Urban Villages brand
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Residential portfolio grows to 226 units valued at R122 million
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Total portfolio maintained at R9 billion
Residential portfolio increases to 712 units valued at R381 million
Acquisitions of R294 million
Disposals of R102 million
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A-share buy-back and change of capital structure into single share
Credit rating upgrade to BBB+ (ZA) long term, A2 (ZA) short term, outlook stable
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ESG framework completed
Disposals of R190 million
NAV grows to R6.1 billion
Portfolio valuation grows to R9.8 billion
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Implemented debt syndication
Commencement of phase 1 solar PV roll-out
Portfolio value of R10 billion
Credit rating upgrade to BBB+ (ZA) long-term A2 (ZA) short-term, outlook stable
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Dipula celebrates its 20th anniversary and 14 years listed on the JSE
Rebrand and name change to Dipula Properties Limited
Disposals of R197 million
Commenced solar PV Phase two
Portfolio value of R10.8 billion