We’re a high-quality, low-risk, specialist retail real estate investment trust (REIT) with a geographically diversified portfolio of property assets valued at R50 billion, of which 65% is based in the Iberian Peninsula.
Of the R50bn of total property assets, 35% consist of urban, commuter, township and rural malls across South Africa, while 65% are held in Spain and Portugal through the Madrid-listed subsidiary Castellana Properties Socimi.
2020
Upgraded Pine Crest and Maluti Crescent, acquired Mdantsane City and increased our stake in Springs Mall.
2019
Created The Dream Room with the Reach for a Dream Foundation.
2018
Launched Vukile Academy and acquired retail parks in Spain through Castellana Properties.
2016
Expanded outside southern Africa with the acquisition of 26.1 % of Atlantic Leaf Properties.
2014
Acquired 50% of East Rand Mall and relaunched Randburg Square.
2013
Vukile becomes the first property company awarded REIT status by JSE.
2011
Laurence Rapp becomes CEO and the Vukile property portfolio is valued at R5.3 billion.
2010
Acquired nine properties from Sanlam Life.
2007
Vukile listed on Namibian Stock Exchange, completed MICC acquisition.
2004
Vukile Property Fund listed on the JSE Securities Exchange.
We aspire to be the most trusted and respected retail property business in South Africa by providing spaces and experiences that anticipate, fulfil and exceed our customers’ expectations and needs. In this way, we can positively impact the lives of our communities, so creating a sustainable value chain for all our stakeholders. Learn more about our strategy
We strive to be at the centre of growth in our sector, with each of our retail centres acting as a hub that provides growth and opportunities for communities, shoppers and tenants. We also aim to help our own people grow by bringing them opportunities to develop, upskill and thrive.
Find out more about how we are helping people grow.
Vukile’s unique investment case is based on our ethos of creating value through our inside-out approach – starting with our unique values-driven culture internally.
These are the attitudes and behaviours we live by.
“Vukile has done well to deliver on its promise of being a centre of growth by creating value for all our stakeholders through delivering excellent operational results.”