Wednesday 23 August 2017

ACCELERATE PROPERTY FUND LIMITED

Image result for accelerate property fundCompany Profile


APF, a real estate investment trust domiciled in South Africa, did not commence business until December 12, 2013.  The company invests in properties that produce streams of income that would be distributed to the unit holders.  


Revenue has been growing by 73.1% in the past three years. The investors constantly enjoy dividends because the company distributes a bulk of its net earnings to shareholders.  We believe that long-term solvency is not in doubt. Currently, it trades at R5.60 which is below our estimate for a share in the company. 





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