Trading density
R3 821/m²
Monthly
+0.5%benchmark R3 500
Occupancy
89.7%
Point in time
7 vacant units
Collection rate
96.6%
Rolling 12 months
R1.2m in arrears
Footfall
153k
Monthly
visitors, 3-month average
Operating cost
R107/m²
Monthly
75% recovered
Net income
R41.0m
Rolling 12 months
WALE 2.0 yrs
Turnover & trading density
Portfolio turnover with density per occupied m²
Requires attention
Top exceptions across the portfolio
3
Critical
3
Warning
1
Watch
- Lease Expiry32.3% of GLA
Concentrated lease expiry profile
Sandton Crossing - Vacancy85.2%
Occupancy below target
Table Bay Junction - Lease Expiry29.8% of GLA
Concentrated lease expiry profile
Table Bay Junction - Vacancy92.4%
Occupancy below target
Sandton Crossing - Trading PerformanceR3 351/m²
Trading density below portfolio benchmark
Table Bay Junction
Footfall
Monthly visitors across all centres
Billing vs collections
Collection rate by month
Tenant mix
Share of let GLA by category
- GroceryR5 374/m²
- FashionR4 020/m²
- HomewareR2 526/m²
- EntertainmentR1 075/m²
- Food & BeverageR4 107/m²
Top performing centres
Ranked by trading density
| Centre | Density | Occupancy | Collection |
|---|---|---|---|
| Sandton Crossing Sandton · Regional | R4 090 | 92.4% | 97.4% |
| Table Bay Junction Milnerton · Community | R3 351 | 85.2% | 95.0% |
Underperforming centres
Intervention candidates
| Centre | Density | Occupancy | Collection |
|---|---|---|---|
| Table Bay Junction Milnerton · Community | R3 351 | 85.2% | 95.0% |
| Sandton Crossing Sandton · Regional | R4 090 | 92.4% | 97.4% |