RESILIENT REIT LIMITED - Update on collections and sale of properties
Update on collections and sale of properties
RESILIENT REIT LIMITED
Incorporated in the Republic of South Africa
Registration number: 2002/016851/06
JSE share code: RES
ISIN: ZAE000209557
Bond company code: BIRPIF
LEI: 378900F37FF47D486C58
(Approved as a REIT by the JSE)
(“Resilient” or “the Company”)
UPDATE ON COLLECTIONS AND SALE OF PROPERTIES
For the 11 months to date, Resilient has collected 96,7% of rental and recoveries billed before discounts. Resilient
continues to support leisure and entertainment tenants through rental discounts. Further information regarding
collections, discounts, vacancies as well as trading performance will be provided as part of the pre-close update
scheduled for 8 June 2021.
All conditions precedent for the sale of Murchison Mall have been met and the Competition Commission process is
currently underway.
The engagement with the Public Investment Corporation SOC Limited (on behalf of the Government Employees
Pension Fund) has been terminated. Given the pleasing performance of Resilient’s South African retail centres, Resilient
does not intend disposing of any further shopping centres at this stage.
25 May 2021
Sponsor
Java Capital
Date: 25-05-2021 05:35:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
