WHO WE ARE

HISTORY

  • Dipula Property Fund founded with R300 million portfolio

  • Portfolio grows to R750 million

  • 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

  • Acquisition of a R254 million portfolio

  • Acquisition of a R1.1 billion portfolio

  • Acquisition of a R800 million portfolio

  • Acquisition of a R680 million portfolio

    Phase one of property management function internalisation

  • Portfolio exceeds R7 billion

    Revenue reaches R1 billion

  • Average property value reaches R40 million per property from R12 million at listing

    27 non-core properties sold for R295 million

  • 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

  • Group portfolio value reaches R8.9 billion mark

    Property management internalisation complete

    Launched Urban Villages brand

  • Residential portfolio grows to 226 units valued at R122 million

  • Total portfolio maintained at R9 billion

    Residential portfolio increases to 712 units valued at R381 million

    Acquisitions of R294 million

    Disposals of R102 million

  • 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

  • ESG framework completed

    Disposals of R190 million

    NAV grows to R6.1 billion

    Portfolio valuation grows to R9.8 billion

  • 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

  • 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