Afine Investments Limited
JJSE:ANI450.00
ZAC
-40.00
(-8.16%)
ISIN
ZAE000303947
Return %
Stock
S&P 500
1Y
18.42
14.20
3Y
0.67
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
ZAR
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in mil. unless spec.Semi-annual Revenue
ZAR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Johannes Theodorus Loubser
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Strand South Africa
- IPO Date
- Dec 9, 2021
- Website
- afineinvestments.com
- Similar Companies
- Business
- Afine Investments Limited is a South Africa-based specialized real estate investment trust (REIT) focused on the acquisition, development, management, and ownership of income-generating commercial properties in the petroleum and fuel retail sector. Founded in 2020 and headquartered in Centurion, South Africa, the company owns and manages a strategically located portfolio of petrol filling stations, forecourts, and integrated convenience retail facilities positioned along primary commuter corridors, major arterial routes, and high-density transport nodes across South Africa, including Gauteng, Mpumalanga, Free State, North West, and Limpopo provinces. The company operates primarily through its commercial property investment, leasing, and asset management business segments. Afine Investments Limited provides systematic property solutions and infrastructure offerings comprising commercial real estate leasing of petroleum filling stations; forecourt asset management and site optimization; long-term triple-net lease structuring and administration for international and domestic oil companies; tenant placement and management for ancillary convenience stores, quick-service restaurants, and automotive service centers; and commercial property maintenance and redevelopment services. Its tenant roster comprises major fuel operators and retail brands, including Shell, TotalEnergies, Engen, Sasol, BP, and Astron Energy, alongside affiliated convenience retail and food service franchises. In recent developments, Afine Investments Limited has undertaken several operational and strategic initiatives to enhance portfolio performance and cash flow stability. The company has rolled out on-site renewable energy and alternative power systems, including rooftop solar photovoltaic installations and backup battery infrastructure, across multiple service station sites to ensure uninterrupted retail forecourt operations. In addition, the group has executed long-term lease renewals with top-tier oil company tenants featuring inflation-linked escalation clauses, restructured borrowing facilities to optimize capital efficiency and debt maturity profiles, and conducted selective pipeline evaluations for high-yielding retail forecourt acquisitions while maintaining compliance with JSE Real Estate Investment Trust regulatory and dividend distribution frameworks.