TF Properties Limited

TF Properties Limited: Teachers Fund of GNAT seeks to address the accommodation needs of members by providing housing for interested members. It is also involved in the construction and rental of hostels  and office accommodation for the general public.

The establishment of TF Properties is a result of the Fund’s ambition to provide competitive investment returns to members whose funds are committed to TF’s investments over the contributors working life. TF Properties was registered in November 2006 as a private limited liability company by the Registrar General in accordance with the Companies Act, 1963 (ACT 167). The authorized business of TF Properties is to engage in the business of real estate development and management services.

Prior to the establishment of TF Properties, the Fund’s real estate investments were held as a unique asset class in its portfolio. As a consequence of strategic purpose, the Board of Trustees approved the establishment of an entity to hold and manage its real estate investments more efficiently.

Since its establishment, TF Properties has supervised the construction and completion of three major commercial properties,  namely GNAT Heights, TF Hostel and the North Ridge Office. In accordance with its Regulations and with the approval of the Registrar of Companies, TFPL has been authorized to indulge in the following portfolios: Acquisition, development, rental, management and disposal of landed property; and to Act as Estate Agents

 

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