The report outlines Delta Property Fund's (Delta) performance and activities for the financial year ended 28 February 2022. It includes information on performance, sustainable value creation, ethical leadership, corporate citizenship, stakeholder interactions, and integrated thinking. The report highlights that Delta successfully resumed trading on the JSE following its suspension on 15 December 2020, with the share price moving from 35 cents per share in February 2021 to 60 cents per share at year-end. The report also highlights the company's commitment to corporate governance and King IV compliance, as well as its focus on ESG. Delta's continued investment in capital projects, including the upgrade of the Poynton Building, resulted in a number of tenants renewing lease agreements. The report further discusses the company's progress in implementing its turnaround strategy, which is focused on reducing debt, attracting new tenants, and improving the quality of its portfolio.
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Delta Property Fund Limited 2022 Integrated Annual Report
Issuing Company Delta Property Fund Limited
Report Type Integrated Report
Report Language EN
Report Filesize 11.11 MB
No. of Pages 236 pages
Reporting periodJanuary 1, 2021-February 28, 2022
Report EditionUnknown
Assurance Provider BDO South Africa Inc.; Mazars Advisory Proprietary Limited
Reporting Standards GRI; SASB; UNSDGs; others
Materiality Assessmenttrue