Snapshot of the year

Our vision is to be a premier South African-based REIT, delivering sustainable income and capital growth through a focused approach in real estate investments and developments.
           
 
Maiden distribution per share
74.0 cents
 
REIT conversion
29 May 2018
 
Executive management
New executive directors
           
 
Interest cover ratio
1.60 times improved by 42.9%
June 2017: 1.12 times
 
Total return^
8.6% June 2017: 3.2%
 
Waterfall bulk developed*
103 541m2 where living works
June 2017: 70 914m2
           
     
Transformation
B-BBEE level 2 rating under the revised property sector codes
June 2017: level 4
 
WALE** profile
6.8 years June 2017: 6.4 years
  ^ NAVPS growth on a like-for-like basis   * Based on primary gross lettable area   ** Weighted average lease expiry  

LEADERSHIP REVIEW

WHERE WE INVEST AND DEVELOP
our four key value drivers


MANUFACTURED RESOURCES