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Nature of Business
aReit Prop holds a slightly diversified portfolio of two hospitality properties (Cresta Grande Hotel and Fountains Hotel) and one medical property (Lady Hamilton) at the Last Practicable Date. Rental income is also derived from lease of a billboard on top of the Cresta Grande Hotel.
The acquisition of the leasehold properties is with effect from 31 December 2021, which acquisition provides the cession of the existing lease agreements with effect from 1 January 2022 with four tenants, namely Cresta Hotels, Afrirent, Suncare and Supasite.
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| Telephone |
072-592-4558 |
| Fax |
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| Postal Address |
PO Box 325, Goodwood, 7459 |
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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