Dipula Properties (formerly Dipula Income Fund) is a prominent, diversified South Africa-focused REIT with a long-standing track record of sustainable value creation. As a black-managed property company celebrating two decades of operation this month, and nearly 15 of those as a listed entity, Dipula exemplifies a rare blend of resilience, transformation and consistent delivery that continues to contribute to the real estate sector and South Africa’s broader economic landscape. The Dipula portfolio includes 161 retail, office, industrial and residential properties across South Africa, predominantly in Gauteng. The portfolio is defensively positioned with retail centres in townships, rural, and urban convenience locations contribute 67% of portfolio income.
Metrics to compare | DIBJ | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipDIBJPeersSector | |
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P/E Ratio | 6.2x | 8.2x | 9.1x | |
PEG Ratio | 0.13 | −0.03 | 0.01 | |
Price/Book | 0.8x | 0.8x | 0.9x | |
Price / LTM Sales | 3.4x | 3.8x | 3.9x | |
Upside (Analyst Target) | 21.2% | 3.1% | 12.5% | |
Fair Value Upside | Unlock | 3.5% | −0.4% | Unlock |