Metrics to compare | DLTJ | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipDLTJPeersSector | |
|---|---|---|---|---|
P/E Ratio | −2.8x | 6.5x | 9.1x | |
PEG Ratio | −0.14 | 0.09 | 0.01 | |
Price / Book | 0.1x | 0.8x | 0.9x | |
Price / LTM Sales | 0.2x | 4.2x | 3.9x | |
Upside (Analyst Target) | - | 6.3% | 18.1% | |
Fair Value Upside | Unlock | 3.1% | 2.0% | Unlock |
Delta Property Fund Limited is a South African domiciled Level 1 B-BBEE Real Estate Investment Trust (REIT). The Group is predominantly sovereign underpinned and has been listed on the JSE since 2012. The Group owns a portfolio of 86 properties valued at R6.6bn as at the reporting period, with geographic diversification and presence in all nine provinces of South Africa. Delta’s primary focus is on long-term investment in quality rental income-generating properties. Delta’s portfolio of 793 592m2 gross lettable area (GLA), offers rental space to government, parastatals and private tenants. A significant number of properties are strategically located and easy to access with street level retail offerings. Delta’s strategy is aimed at achieving maximum return on capital, consistent with a diversified, risk managed real estate investment portfolio. Delta Property Fund Limited was established on March 05, 2002 and imcorporated in South Africa.