Market update
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”)
MARKET UPDATE
Comparable retail sales are affected by the trading restrictions imposed as a result of the COVID pandemic. For
the 10 months to April 2021, retail sales of the South African portfolio increased by 6,6% (when compared to the
10 months to April 2020). In April 2020, the level 5 restrictions resulted in non-essential retailers being unable
to trade. If the effect of April is excluded, retail sales for the nine months to March 2021 declined by 0,2% (when
compared to the nine months to March 2020).
Varying levels of restrictions continue to impact leisure and entertainment tenants. Resilient has continued its
support for these tenants with a further R14 million of discounts provided during the past five months. Tenant
discounts now total R58 million for the financial year to date.
At May 2021, the pro rata share of vacancies was 2,5% in the South African portfolio and 7,0% in the Nigerian
portfolio.
8 June 2021
Sponsor
Java Capital
Date: 08-06-2021 01:55:00
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