Hospitality Property Fund Limited

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Hospitality Property Fund Limited (2018-10)
  • Hospitality Property Fund Limited
  • Year : Oct 2018
3 Tokens
USD 300.00
Summary

A Credit Rating report is a research report providing detailed analysis utilised by GCR in the accordance of a Credit Rating.

Additional Information
HPF is the only JSE listed REIT specialising in the hospitality sector through its investments in hotel and resort properties across South Africa. The scale of the fund has grown notably since FY17 following large acquisitions from Tsogo Sun Holdings Limited (“Tsogo”) the largest hotel and gaming operator on the JSE which has subsequently become a controlling shareholder. At FY18 HPF owned 53 hotels with more than 9000 rooms valued at R12.6bn.

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