This inclusion marks a significant milestone for Dipula. It positions the company more prominently within listed property markets, strengthening its role in a sector that continues to deepen and diversify in terms of counters and management teams.
Index inclusion for Dipula opens the door to a broader and more diversified pool of capital while increasing the potential for expanded sell-side analyst coverage. It also enhances visibility among investors and enables Dipula to fall within index linked asset manager benchmarks for listed property, general equities and balanced funds. The inclusion may also enhance the overall liquidity and tradability of Dipula shares.
Commenting on the inclusion, Izak Petersen, CEO of Dipula Properties, says: "Inclusion in these indices places Dipula firmly within the institutional investment landscape. We see this as an opportunity to deepen engagement with a broader investor base while continuing to execute on our strategy.”
Dipula is a South Africa-focused REIT that has been delivering long-term value to stakeholders for more than 20-years, with nearly 15 of those as a listed entity. The company generates about 70% of its income from retail properties defensively positioned with retail centres in townships, rural, and urban convenience locations. Dipula is invested across South Africa, and its portfolio is predominantly in South Africa’s economic hub of Gauteng.
