Newpark REIT Limited. JSE: NRL

Newpark shares

Background of Newpark

  • Newpark REIT is a Real Estate Investment Trust which invests in A-grade commercial properties in Sandton, through subsidiary company Newpark Towers. Incorporated in December 2015, Newpark currently owns the JSE Building and 24 Central, which have a cumulative value of more than R1 billion and a combined GLA of over 33 000 m2. Based on GLA, the company’s portfolio comprises 85% office space and 15% retail.

  • The company was formed to buy and/or develop properties either directly or through subsidiaries and joint ventures, and may also buy listed property shares.

  • Newpark shares are listed under the Diversified REITs sector of the AltX of the Johannesburg Stock Exchange (JSE). Newpark share price has yet to take off on the JSE live online stocks chart, but the company has already registered some solid financial data and looks likely to pay out healthy dividends.

Newpark Shares Growth Driver

  • Newpark’s investment strategy hinges around seeking well-positioned prime commercial properties which provide quality cash flows and potential for upward lease renewal ratings and redevelopment opportunities within the medium to long-term (5 to 20 years).

  • The group’s portfolio of two properties had been successfully run for several years prior to Newpark’s acquisition, and the company has managed to secure a 100% occupancy rate. This allowed for a total operating profit of R56.1 million for the period covering the first month after listing. Full year results for subsidiary Newpark Towers highlighted impressive performance, with the company achieving total comprehensive income of R363 million.

  • In its initial year, Newpark will focus on driving profit growth at its two existing properties, which have both been identified as long term capital assets of significant value with upside capital growth potential. The group is remaining cautious about decisions to buy other properties in light of the unstable economic conditions in South Africa.

Newpark Group Investor Tip

  • Newpark Towers has registered some impressive financial data throughout its history, and the properties now under ownership of Newpark REIT have produced some good profits. The successful listing of Newpark shares on the AltX illustrates the appeal of high-quality assets such as the Sandton properties, which have high-quality tenants and zero vacancies. Newpark has forecast a distributable income of R49.5 million for the year ended 28 February 2017, equating to distributions of 49.47 cents. These are some promising figures which will stoke the confidence of investors looking to buy Newpark shares. Although Newpark share price doesn’t have a long listed history for investors to base decisions on, the underlying credentials of the company should be enough to encourage investors to buy.

Newpark Major Shareholders

Ellerine Bros, Ellwain Investments, Renlia Developments

  • Sector

    Financials

  • Industry

    Real Estate

  • Sub industry

    REIT

How to buy Newpark Group Shares

  • Newpark : How to buy Newpark Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Newpark 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 Newpark Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Newpark 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 Newpark 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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