Our portfolio is predominantly purpose built with a national footprint in SA. In the UK, the portfolio has a bias towards the South East and East.
The 73 properties are split between 63 trading properties (49 in SA and 14 in the UK) and 10 new properties in our pipeline. Our 63 trading properties will offer an estimated 414 000m² of GLA once fully fitted-out. Our pipeline of 10 new properties offer further developable GLA of 70 500m² on full build-out.
In defining our property strategy in South Africa, we identified the four main cities on which to focus and then the specific suburbs (including arterial routes) where we would like to establish a presence. This is not a restrictive or instructive strategy, but rather a guide that supports our full business growth strategy.