Dipula is an internally managed, South African focused Real Estate Investment Trust (“REIT”) with a sectoral and geographically diversified portfolio of retail, office, industrial and rental residential assets located across all provinces in South Africa. The majority are located in Gauteng.
Dipula is listed on the Johannesburg Stock Exchange (“JSE”) and has two classes of shares in issue that trade under the codes DIA and DIB. DIA shares are entitled to a preferred income growth of the lower of 5% or CPI, while DIB shares receive the remaining distributable income.
Dipula’s strategy is to own a resilient diversified portfolio with a bias towards convenience, rural and township centres.
The group’s internalised management team has deep expertise in our chosen markets. This combined with diligent portfolio management has been the cornerstone of our consistent performance.
|Number of properties||191|
|Portfolio valuation (R’bn)||9.3|
|Gross lettable area (m²)||946 015|