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General information

Sector: Financials

The company is not available at Interactive Brokers

Oasis Crescent Property Fund (JSE:OAS) is a well-diversified real estate investment trust (REIT) invested in South African direct property investments and high quality global listed REITs.

The Fund is focused on meeting all tenant needs and maintaining world class facilities. A key differentiator between the Fund and the rest of the listed REITs in South Africa is that it is one of the few, if not the only REIT, that has no debt. The absence of debt delivers a sustainable rate of growth during the normal course of operations but more importantly, the Fund is not exposed to the risk and negative effects of financial leverage during difficult times. 

Oasis Crescent Property Fund is managed by Oasis Crescent Property Fund managers Limited (OCPFM). OCPFM is a regulated subsidiary within the Oasis Group, an independent financial services group headquartered in South Africa, with a 22-year track record. The Oasis Group is a signatory to the Principles of Responsible Investment (“PRI”) and as such all investment decisions made by the Fund are undertaken in accordance within the broader social responsibility paradigm of the Oasis Group.

The Fund is managed in accordance with responsible investment parameters to meet the needs of investors who specifically seek to invest in accordance with an Islamic-compliant mandate.

The objectives of the Fund include, inter alia:


  • providing sustainable income and real returns to investors;
  • providing an opportunity for unitholders to diversify their portfolio by investing in a liquid and transparent property fund within the regulated environment of the JSE;
  • seeking to continually grow the portfolio into a leading portfolio of commercial, industrial and retail properties backed by international, national and government tenants; and
  • developing and improving existing properties to their maximum potential.



  • Good financial results growth rate 105.7% (average between last period year over year growth for revenue and Net Income), there is acceleration compared to average historical growth rates (0.3%)
  • Dividend yield for the last twelve months 0.0%
  • Share price is 9.5% higher than minimum and 14.2% lower than maximum for the last 3 years
  • The company is overvalued by P/E LTM multiple compared to target level (8.7x vs
    )

Key Financials

Share price, ZAR:  (0.0%)20.25
Share price, USD: 1.0880
Common stocks: 67 160 494

Dividend Yield:  0.0%
P/E LTM: 8.7x
Last revenue growth (y/y):  +11.5%
Last growth of Net Income (y/y):  +200.0%
Historical revenue growth:  -2.4%
Historical growth of Net Income:  +72.3%
Target P/E (hist percentile):
P/E mutiple calculation
Market Cap ($m): 73
Net Profit ($m): 8
P/E LTM: 8.7x
Price to Book: 0.85x

Revenue and Net Income

Semi-Annual values ($m)

Change (y/y)

Share price and dividends (Download history)

Share price

Payment ZAR per share

Multiple and potential

P / E

Potential dynamics

More information for subscribed users:
detailed calculation of
Potential and Created Value,
website traffic data

Releases

2022-07-21
Results of the annual general meeting
2022-07-18
Finalisation Announcement In Respect Of Further Dividend
2022-06-29
Distribution of annual report, no change statement, notice of AGM, distribution declaration, BEE compliance report
2022-06-06
Distribution Results Announcement
2022-05-13
Finalisation Announcement in Respect of Distribution
2022-04-29
Short-Form Announcement: Audited Results For The Year Ended 31 March 2022 And Distribution Declaration
2021-12-08
Dealings In Oasis Units
2021-12-06
Distribution Results Announcement
2021-11-05
Finalisation Announcement In Respect Of Distribution
2021-10-26
Short-Form Announcement: Reviewed Condensed Consolidated Interim Results For The Six-Months Ended 30 September 2021
2021-07-21
Results Of The Annual General Meeting
2021-07-15
Damage To The Ridge@Shallcross Shopping Centre Due To Looting
2021-06-29
Distribution Of Annual Report, No Change Statement, Notice Of AGM And BBBEE Act: Annual Compliance Report
2021-06-09
Dealings In Oasis Units
2021-06-07
Distribution Results Announcement
2021-05-14
Finalisation Announcement In Respect Of Distribution
2021-04-29
Short-Form Announcement: Audited Results For The Year Ended 31 March 2021 And Distribution Declaration
2020-12-09
Dealings In Oasis Units

SENS Announcements

2024-04-26
Short-Form Announcement: Audited Results for the year ended 31 March 2024 and Distribution Declaration
2023-12-04
Distribution Results Announcement
2023-11-03
Finalisation announcement in respect of distribution
2023-10-24
Short-Form Announcement: Reviewed Condensed Consolidated Interim Results For The Six-Months Ended 30 September 2023
2023-07-20
Results of the annual general meeting
2023-06-28
Distribution Of Annual Report, No Change Statement, Notice Of Annual General Meeting And Broad-Based Black Economic
2023-06-12
Distribution results announcement
2023-05-10
Finalisation announcement in respect of distribution
2023-04-25
Short-Form Announcement: Audited Results For The Year Ended 31 March 2023 And Distribution Declaration
2022-12-05
Distribution results announcement
2022-11-04
Finalisation announcement in respect of distribution
2022-10-25
Short-Form Announcement: Reviewed Condensed Consolidated Interim Results For The Six-Months Ended 30 September 2022
2022-07-21
Results of the annual general meeting
2022-07-18
Finalisation Announcement In Respect Of Further Dividend
2022-06-29
Distribution of annual report, no change statement, notice of AGM, distribution declaration, BEE compliance report
2022-06-06
Distribution Results Announcement
2022-05-13
Finalisation Announcement in Respect of Distribution