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 SouthEast.
The 85 properties are split between 74 trading properties (52 in SA and 22 in the UK) and 11 new properties in our pipeline. Our pipeline of 11 new properties will offer 57 400m² of GLA once fully developed.
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.