Description

Newpark REIT Limited is a real estate investment trust based in South Africa. The company focuses on investing in A-grade commercial and industrial properties. Their portfolio includes:

  • JSE Building: Located in Sandton, this building has 18,163 m² of gross lettable area (GLA).
  • 24 Central: Also in Sandton, this mixed-use property has 16,030 m² of GLA.
  • Linbro Business Park: An industrial property with 12,387 m² of GLA.
  • Crown Mines: Another industrial property with 11,277 m² of GLA.

The combined valuation of these properties, as of August 31, 2023, was approximately R1.318 billion.

Investment Strategy

Newpark targets:

  • Well-located, A-grade assets with strong tenant covenants
  • Triple-net leases for predictable cash flows
  • Properties with redevelopment or re-rating potential over the medium to long term (5–20 years)
  • A mix of commercial and industrial holdings to balance income and growth

Financial Highlights (FY2025)

  • Dividend per share: 78.37 cents (100% of funds from operations)
  • Operating profit margin: ~69%
  • Return on assets: 8.4% | Return on equity: 5.9%
  • Market cap: ~R480 million | NAV per share: R5.64
Auri Benatar:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Alan Wilson:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Stewart Shaw-Taylor:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Thanduxolo Sishuba:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Roy Campbell:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Dionne Hirschowitz:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Kevin Ellerine:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Barry Van Wyk:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

JSE
ZAE000212783

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Material Subsidiaries/Associates


For a comprehensive list, please contact InsidEntity.

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Auri

Executive
NationalitySouth Africa
36
RoleCEO
QualificationBSc in Property Studies (Honours)
Date Appointed: 01/11/2022
Duration:
3 years and 0 month
Independance: Y
Name

Alan John

Executive
NationalitySouth Africa
45
RoleCFO
QualificationCA (SA), CFA Charterholder
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Stewart

Non Executive
NationalitySouth Africa
67
RoleNED
QualificationCA(SA)
Date Appointed: 01/02/2017
Duration:
8 years and 9 months
Independance: Y
Name

Thanduxolo Selby

Non Executive
NationalitySouth Africa
54
RoleNED
QualificationAMDP, MSc Property Investment, BSc Honours Land Management
Date Appointed: 08/10/2020
Duration:
5 years and 1 month
Independance: Y
Name

Roy Charlton

Non Executive
NationalitySouth Africa
62
RoleNED
QualificationCA(SA)
Date Appointed: 25/11/2021
Duration:
3 years and 11 months
Independance: Y
Name

Dionne Ellerine

Non Executive
NationalitySouth Africa
57
RoleNED
QualificationBcom, LLB
Date Appointed: 07/12/2015
Duration:
9 years and 11 months
Independance: N
Name

Kevin Murray

Non Executive
NationalitySouth Africa
RoleNED
QualificationNational Diploma in Company Administration
Date Appointed: 07/12/2015
Duration:
9 years and 11 months
Independance: N
Name

Barry Daniel

Non Executive
NationalitySouth Africa
59
RoleNED
QualificationBCom, BAcc, CA(SA)
Date Appointed:
Duration:
Date not available.
Independance: Date not available.

 

Directors Tenure

Name
Duration
Name

Auri Benatar

Duration3 years and 0 month
Name

Alan John Wilson

DurationDuration not available.
Name

Stewart Shaw-Taylor

Duration8 years and 9 months
Name

Thanduxolo Selby Sishuba

Duration5 years and 1 month
Name

Roy Charlton Campbell

Duration3 years and 11 months
Name

Dionne Ellerine Hirschowitz

Duration9 years and 11 months
Name

Kevin Murray Ellerine

Duration9 years and 11 months
Name

Barry Daniel Van Wyk

DurationDuration not available.

 

Director Experience

Name
Experience
Name

Auri

Experience Real Estate
Name

Alan John

Experience Financial Services
Name

Stewart

Experience Real Estate, Banking
Name

Roy Charlton

Experience Financial Services
Name

Thanduxolo Selby

Experience Banking, Real Estate
Name

Dionne Ellerine

Experience Legal, Government
Name

Kevin

Experience Business Services, Real Estate
Name

Barry Daniel

Experience Real Estate

 

Company Auditors

Name
Date Appointed
Years
Name

BDO

Date Appointed01/01/2018
Year7 years and 10 months

 

 

Company Committees

Name

Auri Benatar

Mainboard, Audit, Remuneration BD
Name

Alan John Wilson

Mainboard, Audit, Remuneration BD
Name

Stewart Shaw-Taylor

Mainboard, Audit, Remuneration BD, AU, CI
Name

Roy Charlton Campbell

Mainboard, Audit, Remuneration BD, AU, RC, SE
Name

Thanduxolo Selby Sishuba

Mainboard, Audit, Remuneration BD, AU, RC
Name

Dionne Ellerine Hirschowitz

Mainboard, Audit, Remuneration BD, RE, CI
Name

Kevin Ellerine

Mainboard, Audit, Remuneration BD, CI, SE
Name

Barry Daniel Van Wyk

Mainboard, Audit, Remuneration BD, RE, CI, SE

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT