Heriot REIT Limited (“Heriot” or “the Company”) is a property holding and investment company that is listed in the “Diversified REITs” sector on the Alternative Exchange of the JSE Limited (“JSE”). Heriot and its subsidiaries (“the Group”) are primarily invested in retail and industrial properties situated in areas with high growth potential. Heriot’s primary objective is to grow and streamline its asset base through the acquisition of high-quality properties, the redevelopment of existing properties and the disposal of assets identified as non-core. Pursuant to its investment strategy, Heriot acquired 100% of Thibault REIT Limited (“Thibault”) on 28 June 2024 (“Thibault acquisition”) and increased its strategic interest in Safari Investments RSA Limited (“Safari”) to 59,2%.
South African Market Performance
7D7 Days: 2.3%
3M3 Months: 8.8%
1Y1 Year: 22.0%
YTDYear to Date: 15.3%
The market is up 1.0% over the last week, with the Materials sector leading the way, up 10%. As for the past 12 months, the market is up 22%. Earnings are forecast to grow by 19% annually. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.