New Frontier Properties lists on JSE’s AltX board

Johannesburg, 21 January 2014: Today, the JSE welcomed New Frontier Properties to the real estate sector of the JSE’s AltX board.  New Frontier Properties is the first company to list on the JSE in 2015, after a successful year of listings in 2014.  The listing of the established Mauritian-based acquirer and developer of property assets brings the number of companies listed on AltX to 59.   

Donna Oosthuyse, Director Capital Markets at the JSE, comments: “We welcome New Frontier Properties to the JSE. This listing on AltX demonstrates the growing appetite from both local and foreign investors to invest in the real estate sector. More importantly, the listing affirms once again that AltX is a useful venue for investors to access our capital markets whilst offering a clear growth plan for issuers.”

New Frontier Properties CEO Brendon Jones says: “On behalf of the board of New Frontier, I am thrilled that New Frontier has now listed on the JSE. The JSE listing enhances New Frontier's ability to raise capital quickly to take advantage of its pipeline opportunities.”

The company’s listing on the JSE will be a secondary listing, with it holding its primary listing on the Stock Exchange of Mauritius (SEM).  The company listed today after private placement, having offered investors an opportunity to subscribe to up to 1 000 000 shares.   New Frontier Properties is the eighth company to list in the real estate sector on the AltX board. 


The Johannesburg Stock Exchange is based in South Africa where it has operated as a market place for the trading of financial products for 125 years. It connects buyers and sellers in equity, derivative and debt markets. The JSE is one of the top 20 exchanges in the world in terms of market capitalisation and is a member of the World Federation of Exchanges (WFE). The JSE offers a fully electronic, efficient, secure market with world class regulation, trading and clearing systems, settlement assurance and risk management. 

Issued by:
Thato Mapule 
H+K Strategies South Africa 
Tel: +27 11 463 2198 
Mobile: + 27 82 926 3614 

JSE contact: 
Donna Oosthuyse
Director: Capital Markets 
JSE Limited
(011) 520 7000