Oasis Crescent Property Fund
JJSE:OAS2,940.00
ZAC
0.00
(0.00%)
ISIN
ZAE000074332
Return %
Stock
S&P 500
1Y
40.00
14.20
3Y
50.77
81.12
5Y
38.35
68.34
Capital Structure
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- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- Cape Town South Africa
- IPO Date
- Nov 7, 2005
- Website
- oasis.co.za
- Similar Companies
- Business
- Oasis Crescent Property Fund is a South Africa-based closed-end Real Estate Investment Trust (REIT) that specializes in direct property investment, real estate asset management, and property leasing across Shari'ah-compliant commercial, industrial, and retail real estate sectors. Founded in 2005 and headquartered in Cape Town, South Africa, the fund operates as a specialized listed investment vehicle managed by Oasis Crescent Property Fund Managers Limited, a subsidiary of the Oasis Group. The fund is structured around a zero-debt financial model, generating rental income and long-term capital growth while adhering to ethical Islamic finance standards under the supervision of an independent Shari'ah Advisory Board. The fund's primary products and services comprise direct commercial property leasing and management of corporate office buildings and corporate parking facilities; industrial real estate operations comprising modern logistics hubs, light manufacturing facilities, and distribution warehouses located in strategic industrial corridors such as Epping, Milnerton, Sacks Circle, and Airport City; retail property investments comprising convenience retail centers and community shopping malls; property development and site redevelopment services; and indirect real estate investment offerings providing global exposure through holdings in high-quality international listed REITs and liquid Shari'ah-compliant instruments via the Oasis Crescent Global Property Equity Fund. The fund primarily targets and leases space to blue-chip corporate tenants, national retailers, multinational corporations, and government entities, operating primarily across the Western Cape and KwaZulu-Natal regions of South Africa while maintaining offshore property asset exposure. Recent major company developments include the advancement of its industrial expansion and development pipeline across strategic Western Cape logistics hubs at Airport City and Sacks Circle to meet rising tenant demand for specialized warehousing; ongoing capital expenditure toward portfolio modernization and green energy installations; regular bi-annual distribution declarations to unitholders supported by resilient operational cash flows; and key governance updates, including the appointment of RSM South Africa Inc. as external auditor in line with statutory audit firm rotation requirements.