DORPSTRAAT PROPERTY FUND
DORPSTRAAT Property Fund is a closed-end fund underpinned by ten property investments of quality. Each centre is located in high income, urban areas, with strong disposable income. They are anchored by Woolworths or similar leading national grocery retailers and healthcare tenants such as Dischem and Clicks. The fund was set up in 2015 and will be fully invested by November 2017. It has a capital creation and capital growth objective during the first 5 years, wherafter a dividend policy is to be implemented. The main shareholders are The Dorpstraat Founders, ABSA AAM, Mariston and Egan Property Group. Notable investments include property investments in Whale coast Mall, Kyalami Corner, Douglasdale Village, Stellenbosch Square and Rynfield Square.