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FY24 Interim Highlights

61.36 cents | up 2.2% y-o-y
Interim dividend


17.0% and 15.7%
Growth in rental income and net property operating income

17.7% | SA 13.6%; UK 3.1%
Growth in same-store rental income

SA 90.6%; UK 83.9%
Total occupancy, with same-store occupancy over 90% in SA

9 300 m2 GLA| SA 13 000 m2; UK (3 700 m2 )
Increase in portfolio occupancy

R10.871 billion1 | up 4.5%
Net investment property value

31.9%
Loan To Value (LTV) ratio, with net debt effectively hedged at 75.0%

17 properties
Development pipeline

6 new properties
Completed in JV structures and commenced trading


1Net of leasehold obligations and excludes properties held in JVs.