Page 110 - Profile's Stock Exchange Handbook - 2025 Issue 4

JSE - DEU Profile’s Stock Exchange Handbook: 2025 - Issue 4
Deutsche Konsum REIT-AG Dipula Properties Ltd.

ISIN: DE000A14KRD3 SHORT: DKR CODE: DKR ISIN: ZAE000203394 SHORT: DIPULA B CODE: DIB
REG NO: HRB 13072 FOUNDED: 2008 LISTED: 2021 REG NO: 2005/013963/06 FOUNDED: 2005 LISTED: 2011
NATURE OF BUSINESS: Deutsche Konsum REIT-AG, Broderstorf, is NATURE OF BUSINESS: Dipula Income Fund is a REIT and is listed on
a listed real estate company focusing on German retail properties the JSE Ltd. under the Property: Real Estate Investment Trust sector.
for everyday goods in established micro-locations. The focus of Dipula was granted REIT status with effect from 1 September 2013.
the Company’s activities is on the acquisition, management and The Company listed on the JSE on 17 August 2011 and its primary
development of local retail properties with the aim of achieving a business is long-term investment in rental income generating
steady increase in value and the lifting of hidden reserves. Due to its properties.
German REIT status (‘Real Estate Investment Trust’), the Company SECTOR: RealEstate--RealEstate--REITS--Diversified
is exempt from German corporation and trade tax. The shares of NUMBER OF EMPLOYEES: 85
the Company are listed on the Prime Standard of Deutsche Börse DIRECTORS: Adams Z (ind ne), Azizollahoff B H (ind ne, UK),
(ISIN: DE 000A14KRD3) and on the JSE (South Africa) by way of a Halliday S A (ind ne), Khoele N (ind ne), Links E ( (ind ne),
secondary listing. Teeroovengadum K (ind ne), Waja Y (ind ne), Matlala Z
SECTOR: RealEstate--RealEstate--REITS--Retail (Chair, ind ne), Petersen I S (CEO), Moodley S (FD)
NUMBER OF EMPLOYEES: 20 MAJOR ORDINARY SHAREHOLDERS as at 29 Sep 2025
DIRECTORS: Boot J C G (ne), Elgeti R (ne), Lubitz A (ne), Wasser S Fairvest Ltd. 23.60%
(Chair, ne), Betz A (Dep Chair, ne), Wittan L (CIO), Hellmuth C (CFO) Coronation Fund Managers 18.58%
MAJOR ORDINARY SHAREHOLDERS as at 21 Oct 2025 Truffle Asset Management (Pty) Ltd. 10.84%
Weiterer Streubesitz 40.20% POSTAL ADDRESS: Private Bag X3, Rosebank, 2132
Obotritia-Gruppe 25.64% MORE INFO: www.sharedata.co.za/sdo/jse/DIB
Stichting Opus - Chartered Issuances 25.36% COMPANY SECRETARY: Acorim (Pty) Ltd.
MORE INFO: www.sharedata.co.za/sdo/jse/DKR TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
COMPANY SECRETARY: (Vacant) SPONSOR: Java Capital (Pty) Ltd., Sponsors (Pty) Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. AUDITORS: Mazars (Gauteng) Inc.
SPONSOR: PSG Capital (Pty) Ltd. CAPITAL STRUCTURE Authorised Issued
AUDITORS: DOMUS AG Berlin DIB B ords no par val 6 000 000 000 1 013 398 710
CAPITAL STRUCTURE Authorised Issued DISTRIBUTIONS [ZARc]
DKR Ords no par val - 50 351 091 A ords no par val Ldt Pay Amt
DISTRIBUTIONS [EURc] Interim No 20 31 May 22 6 Jun 22 61.97
Ords no par val Ldt Pay Amt Final No 19 7 Dec 21 13 Dec 21 59.93
Final No 3 12 Jul 23 18 Jul 69 12.00 LIQUIDITY: Oct25 Avg 12m shares p.w., R59.5m(60.3% p.a.)
Final No 2 9 Mar 22 1 Apr 22 40.00
DIPULA B 40 Week MA REIV
600
DKR 40 Week MA REIV
40000
500
35000
30000 400
25000
300
20000
200
15000
10000 100
5000 0
2021 2022 2023 2024 2025
0
2022 2023 2024 2025
FINANCIAL STATISTICS
FINANCIAL STATISTICS (R ’000) Feb 25 Aug 24 Aug 23 Aug 22 Aug 21
(EUR ’000) Jun 25 Sep 24 Sep 23 Sep 22 Sep 21 Interim Final Final(rst) Final(rst) Final(rst)
Quarter Final Final Final Final NetRent/InvInc 433 914 871 676 840 178 833 182 823 613
NetRent/InvInc 9 498 48 016 48 249 47 444 45 835 Total Inc 444 069 891 031 855 727 848 455 838 062
Total Inc 9 516 77 720 53 570 58 435 52 885 Attrib Inc 251 026 774 302 588 031 1 080 512 429 454
Attrib Inc - 33 644 1 968 - 181 052 60 352 91 360 TotCompIncLoss 265 987 780 258 678 452 1 077 857 483 197
TotCompIncLoss - 33 644 1 968 - 180 992 60 387 91 373 Ord UntHs Int 6 379 703 6 354 346 6 050 615 5 926 588 5 450 805
Ord UntHs Int 322 657 318 367 316 400 514 300 467 975 FixedAss/Prop 10 254 765 10 141 049 9 736 071 9 586 516 9 111 679
FixedAss/Prop 770 059 860 964 989 014 1 030 959 944 020 Tot Curr Ass 366 978 369 828 282 337 275 052 298 287
Tot Curr Ass 28 154 58 285 33 861 126 131 78 850 Total Ass 10 649 374 10 579 241 10 108 280 9 973 558 9 526 791
Total Ass 853 178 945 382 1 030 179 1 181 815 1 093 303 Tot Curr Liab 173 001 191 442 1 612 692 1 426 849 1 361 829
Tot Curr Liab 301 062 260 665 183 899 110 088 59 652 PER SHARE STATISTICS (cents per share)
PER SHARE STATISTICS (cents per share) HEPS-C (ZARc) 27.51 49.32 55.78 74.60 49.84
HEPLU-C (ZARc) - 2 029.09 - 3 730.56 1 472.32 1 666.62 DPS (ZARc) 25.60 48.96 51.26 73.19 118.95
DPLU (ZARc) - - - 247.62 666.42 NAV PS (ZARc) 701.00 698.00 663.50 663.20 1 069.57
NAV (ZARc) 14 504.64 19 631.37 19 829.70 25 878.88 23 255.02 3 Yr Beta - - - - 0.51
3 Yr Beta 2.55 2.39 - - - Price Prd End 525 450 408 395 410
Price Prd End 15 600 15 600 12 000 2 428 1 605 Price High 561 456 450 489 450
Price High 15 600 15 600 12 000 2 428 29 300 Price Low 433 325 241 348 78
Price Low 15 600 12 000 2 428 1 605 1 605 RATIOS
RATIOS RetOnSH Funds 8.11 11.95 10.86 17.73 8.54
RetOnSH Funds - 0.62 - 57.22 11.73 19.52 RetOnTotAss 8.34 8.42 8.47 8.51 8.80
RetOnTotAss - 8.22 5.20 4.94 4.84 Debt:Equity 0.60 0.59 0.59 0.60 0.64
Debt:Equity 1.41 1.63 2.05 1.26 1.32 OperRetOnInv 8.46 8.60 8.63 8.69 9.04
OperRetOnInv - 5.58 4.88 4.60 4.86 OpInc:Turnover 57.09 58.60 60.23 61.63 62.68
OpInc:Turnover 55.07 62.01 60.52 63.78 65.79
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