Texton Property Fund Limited (TEX) is a Real Estate Investment Trust with a portfolio of direct and indirect holdings in properties within the commercial sector of South Africa and the United Kingdom. The fund’s history dates back to 2006. Texton shares were first listed on the Johannesburg Stock Exchange (JSE) in 2011. The Fund has achieved success through a diversified property portfolio in industrial, retail and office property and continues to invest directly in income producing properties that offer potential for capital appreciation. The overall objective of the Fund is to be the market leader in capital allocation across asset classes within the real estate sector, in order to optimise returns over time for shareholders. The strategic focus is diversification across sectors and geographies in order to maximise the growth in value for stakeholders. Diversification serves to limit risk and enhance the consistency of returns, ensuring that investors are best able to meet their investment performance objectives.
South African Market Performance
7D7 Days: -0.4%
3M3 Months: 5.9%
1Y1 Year: 19.1%
YTDYear to Date: 12.8%
In the last week, the market has stayed flat, however the Communication Services sector stood out, gaining 4.5%. More promisingly, the market is up 19% over the past year. As for the next few years, earnings are expected to grow by 19% per annum. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.