Fairvest is a property investment holding company and is listed in the “Real Estate Holdings and Development” sector of JSE Limited trading as a Real Estate Investment Trust (“REIT”). The conversion to a REIT is effective from 1 July 2013.
The market capitalisation of the company at 30 June 2013 was R503.7 million.
Fairvest raised R250 million of new equity n December 2012 and R99 million of new equity in May 2013 in terms of Vendor Consideration Placements to fund various acquisitions.
Our investment strategy
To build a retail-focused property portfolio comprised of