Resilient REIT Limited. JSE: RES

Resilient shares

Background of Resilient

  • Resilient REIT is a real estate investment trust with investments in regional retail centres and listed and offshore property-related assets. The group has a successful history of growth through acquisitions and a consistent development pipeline. Resilient shares have been listed on the Johannesburg Stock Exchange (JSE) since 2002, listing at R5 per share with a market cap of R360.7 million. Today, Resilient’s market cap stands at over R48 billion, with Resilient share price growing strongly to over R114.

  • The group’s portfolio of more than 30 properties in South Africa largely comprises dominant malls and shopping centres occupied by national retailers, with a focus towards non-metropolitan areas. Properties and development properties are situated in Gauteng, Limpopo, Mpumalanga, the North West, KwaZulu-Natal, the Northern Cape and the Eastern Cape, with several properties in Nigeria. Total value of the portfolio comes in at over R43 billion, with major national retailers accounting for more than 70% of total gross lettable area.

Resilient Shares Growth Driver

  • Resilient has had back-to-back years of highly impressive performance. Data for the 2016 financial year was good, with profits staying stable at R6.7 billion and shareholders enjoying a 25% growth in dividends, with 9% due to the impact of capital raisings on a rights issue. The forecast is to grow Resilient’s distributions by 14% to 16% going forward.

  • Growth has been achieved by investing in high-quality assets outside non-metropolitan areas, with most of the portfolio achieving strong sales growth, high occupancy levels and increases in rental income. Malls are modern, relevant and well-positioned, with most not requiring upgrading or refurbishment, although numerous major expansions are taking place at several properties.

  • Resilient has also been active on the acquisition front, deciding to buy increased stakes in the Highveld Mall, I’Langa Mall, Shoshanguve Crossing and Tubatse Crossing. The group’s acquisition strategy saw asset value growing from R34 billion to over R43 billion in the 2016 financial year. of agreement with mining contractor Stafanutti Stocks Mining Services, with both sides negotiating the terms of a deal.

  • Resilient has also decided to buy into the international market, diversifying the geographical spread of the portfolio and investing in markets with high growth expectations. R4 billion has been committed to the development of malls in Nigeria through Resilient Africa, while the group has a R926 million investment in Greenbay Properties, R1.7 billion exposure to Hammerson, a R4.8 billion investment in Nepi and a R6.6 billion investment in Rockcastle. No properties were put up for sale in 2016.

Resilient Group Investor Tip

  • Resilient has proven to be one of the JSE’s blue-chip property stocks, with Resilient share price tracking a steep upward line on the live online chart. The group boasts solid and expanding geographical diversification both in South Africa and abroad, and the portfolio is packed with strong properties attracting quality tenants. The board has shown a clear intent to keep growing the business and maintain Resilient’s outstanding reputation. There is still a healthy future forecast for the company, making Resilient shares a good buy for investors.

Resilient Major Shareholders

GEPF Equity, The Siyakha Education Trust, Des de Beer, Capital Property Fund.

  • Sector

    Financials

  • Industry

    Real Estate

  • Sub industry

    REIT

How to buy Resilient Group Shares

  • Resilient : How to buy Resilient Group Shares Online

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

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