Concentrated lease expiry profile
6 leases covering 2 710 m² expire within 12 months.
Occupancy below target
4 vacant units totalling 770 m² of unlet GLA.
Concentrated lease expiry profile
2 leases covering 1 550 m² expire within 12 months.
Occupancy below target
3 vacant units totalling 635 m² of unlet GLA.
Trading density below portfolio benchmark
Trading density is -4.3% against the R3500/m² benchmark. Review tenant mix and anchor performance.
Collection rate under benchmark
Total arrears of R585 680, of which R167 390 is 90+ days.
Operating cost above benchmark
Recovery rate of 76% leaves an unrecovered shortfall on utilities and security.