Delta Property Fund Limited. JSE: DLT

Delta Property shares

Background of Delta

  • Delta Property Fund Limited is a black-managed real estate investment trust (REIT) listed on the Johannesburg Stock Exchange (JSE), with a primary focus on long-term investments in quality rental commercial properties situated in areas attractive to national government, as well as tenants needing empowered landlords.

  • The company was founded in 2002 as Tuffsan 89 Investment Holdings, making its first investment with the purchase of the Forum Building in Pretoria. When it listed on the JSE in 2012, the company had a portfolio of 20 properties valued at R 2.1 billion. Today, Delta’s has R 10.5 billion assets under management, including more than 100 properties in all nine of South Africa’s provinces, comprising mainly office space.

  • Delta’s empowerment credentials make it well positioned to leverage the advantages of government tenanted buildings, with income generated from long-term leases, fixed lease escalations and single tenant occupancy, as well as properties held for sale.

  • In 2015, shareholders approved the appointment of Delta Property Asset Management, which focuses on identifying and refurbishing assets in strategic nodes and negotiating supply and maintenance contracts. Meanwhile, the property management team is responsible for tenant payments and ensuring that buildings are maintained and upgraded.

  • Delta also owns a significant stake in Mara Delta, the first outright African property listing on the JSE, which gives the company diversification and investors a rand hedge buy.

Delta Shares Growth Driver

  • Throughout its history, Delta has always prided itself on a high growth strategy aiming to capitalise on opportunities provided by the company’s niche position as a 100% black-managed fund. The company is primarily exposed to a defensive government office sector with low vacancies and an impressive collections process, which results in a very low risk rental stream and protects Delta Property share price. Continuing acquisitions, refurbishments and upgrades have also enhanced Delta’s position as a preferred landlord for government.

  • Delta experienced remarkable growth in 2015, acquiring 18 new properties and growing asset value by R 1.6 billion. Despite lower government spending due to the economic downturn, Delta managed to renew 80% of expiring leases and increase rental income by 30%. This strong performance has been largely attributed to Delta’s defensive sovereign portfolio, which makes it well positioned to withstand economic headwinds.

Delta Investor Tip

  • The live online stocks chart shows that Delta Property share price plunged to all time lows of R6 per share at the end of 2015. The company made a number of new acquisitions during the year, which it anticipates will boost performance Delta Property share price in future. Shareholders continue to receive increases in dividends, and investment analysts have identified the stocks as an undervalued buy, with a forecast that they will outperform the market. The overarching recommendation is for investors to buy Delta shares, particularly considering Delta’s sovereign ties and international diversification in the form of Mara Delta.

Delta Major Shareholders

Government Employees Pension Fund, Coronation Fund Managers, Stanlib, Sanlam
Investment Management, Kagiso Asset Management.
  • Sector

    Financials

  • Industry

    Asset Management

  • Sub industry

    Investment Management

How to buy Delta Group Shares

  • Delta : How to buy Delta Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Delta Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Delta Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Delta Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Delta Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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