- LATEST SHARE PRICE
- EVENTS CALENDAR 2016
31 March 2015
Financial year end
25 June 2015
Financial report and notice of AGM posted by
26 August 2015
30 September 2015
Interim period end
Top 10 Retail Centres: Boksburg East Rand Mall
This prized retail asset adds a new dimension to our portfolio, boosting its quality and complementing our lower-income centres. It is one of the most popular shopping centres in Gauteng, and an established regional mall in a bustling key retail node.
The 63 460m2 centre features 90% national retailers. Vukile have commenced with a project with Redefine Properties, our 50.0% partner in East Rand Mall, to add a further 7 500m2 of bulk to the mall. It is driven by strong tenant demand. The project will cost around R307 million of which Vukile’s share will be R153.5 million.
Market value R996.3m (50%) GLA 31 730m2 (50%) Market Value (R/m2) R31 230 National Tenant Exposure 90%
Top 10 Retail Centres: Durban Phoenix Plaza
Phoenix Plaza owned by Vukile Property Fund is a shopping centre situated north of Durban in the beautifully diverse province of Kwa-Zulu Natal. The centre is home to more than 105 independent and national retailers with Shoprite as its anchor tenant caters for the locals of the Phoenix and surrounding communities. The shopping centre was built in the year 1993.
Market value R660m GLA 24 363m2 Market Value (R/m2) R27 094 National Tenant Exposure 79%
Top 10 Retail Centres: Gugulethu Square
The centre consists of three separate buildings; the north mall with a Superspar anchor; the south mall with a Cashbuild and line shops; and the main mall, with a Shoprite anchor, a formal taxi rank and a further 1,000m2 of unutilised bulk.
The Centre is easily accessible from the N2, off Steve Biko Street which links the north and south suburbs, without utilising the busy highway. It is therefore a significant through route for public transport. The centre is also accessible by foot from the surrounding residential area and via taxi from the on-site taxi rank. There is a diverse and strong tenant mix with 54 national tenants occupying approximately 90% of the rentable retail area. These tenants include Shoprite Checkers, Superspar, Jet, Cashbuild and FNB.
Market value R399.1m GLA 25 322m2 Market Value (R/m2) R15 761 National Tenant Exposure 90%
Top 10 Retail Centres: Soweto Dobsonville Shopping Centre
Located on the corner of Dobsonville’s Elias Motsaoledi Drive and Christian Dube Street, Dobsonville Shopping Centre was the first Township Centre in Soweto and has been seen as the beginning of the economic boom that hit Soweto in the late 90’s.
With over 70 stores and an office park, the centre has retained its significant and iconic association with the community, making everybody who visits it comfortable to go about their shopping and daily lives. Servicing the areas of Jabulani, Roodepoort, West Gate, Braamfisher, Leratong and Tshepisong, it conveniently has a taxi rank within the centre for easy access.
Market value R383.4m GLA 23 177m2 Market Value (R/m2) R16 542 National Tenant Exposure 83%
Top 10 Retail Centres: Pinetown Pine Crest
Situated in Kings Road, Pinetown, Pine Crest Centre has served the community for over 25 years. The centre offers quality retail shopping with 105 stores, including many of the biggest clothing brands in the country, this makes shopping for deals easy. The anchor tenants in the centre are Pick ‘n Pay, Game, Woolworths, The Hub and Virgin Active. Of all of our 110 stores 32 are clothing and shoe shops, so you can pick up some of the latest fashion trends. The centre has a total of 1590 parking bays, 605 of which are undercover.
Market value R351.6 (50%) GLA 20 056m2 Market Value (R/m2) R17 531 National Tenant Exposure 94%
Top 10 Retail Centres: Nonesi Mall
Nonesi Mall with a GLA of 28 147m² is a U shaped, single-level centre with open parking, Game, Pick ‘n Pay, Checkers, Woolworths, Edcon Group, Foschini Group, Mr Price Group, Truworths and Clicks as well as restaurants and banks are amongst a substantial amount of anchor tenants. The centre is situated in the CBD of Queenstown and is located on the corner of Komani & Victoria Streets, benefitting from excellent exposure and centralised for the community.
Market value R350.2m GLA 28 147m2 Market Value (R/m2) R12 442 National Tenant Exposure 96%
Top 10 Retail Centres: Randburg Square
The shopping centre is situated in Randburg CBD in proximity to established residential suburbs and has been serving these suburbs for over 35 years. The centre has over 70 shops that caters for the broader Randburg community.
It has a very big catchment area due to the taxi rank close to the centre that mainly services Diepsloot, Randburg, Soweto and Cosmo City. With an average foot count of over 700 000 customers per month, this vibey mall plays host to commuters, professionals, friends and families who all know that this is "the smart place to shop".
Market value R340.5m GLA 40 874m2 Market Value (R/m2) R8 330 National Tenant Exposure 85%
Top 10 Retail Centres: Moruleng Mall
Moruleng Mall, is located in the local Bakgatla Ba Kgafela tribe, who are also shareholders. This 31 421 m² mall is strategically positioned in the heart of a densely populated district near the Pilanesberg in the North West Province. Moruleng Mall brings major retailers to the doorstep of people who previously had very limited access to retail convenience. It provides quality products and services, a taxi drop off area and 800 parking bays.
Market value R335.5m (80%) GLA 25 136m2 Market Value (R/m2) R12 979 National Tenant Exposure 92%
Top 10 Retail Centres: Vereeniging Bedworth Centre
Bedworth Centre brings you 40 of the top retail shops under one roof offering great value shopping with retail giants such as Pick n Pay and Builders Warehouse, and we’re fast finding our way as a cherished part in the heart of the Vaal. A thriving and vibrant 33,948m2 retail node with 50 shops, is at the corner of Ascot-on-Vaal and Barrage Road (R42), Vereeniging.
Market value R335.5m GLA 33 948m2 Market Value (R/m2) R9 868 National Tenant Exposure 94%
Top 10 Retail Centres: Oshakati Shopping Centre
Situated in Northern Namibia, the building is a key asset in Vukile’s Namibian property portfolio. The centre was the first regional centre to be developed in this densely populated area and has been extensively upgraded and extended since its acquisition by Vukile.
Access to the centre has also been improved by the provision of a new entrance road on the western boundary of the site. The centre’s location in the central business area of Oshakati together with the high profile tenant mix ensures its dominance in the local retail market and it remains one of the busiest shopping centres in the area. Tenants include Pick n Pay, Game, Truworths, Mr Price, Pep Stores, Ackermans, Foschini, Jet Mart, Edgars and Woolworths Textiles.
Market value R319.7m GLA 24 632m2 Market Value (R/m2) R12 979 National Tenant Exposure 92%