TOWER PROPERTY FUND LIMITED - Damage to Evagold Shopping Centre due to looting
Damage to Evagold Shopping Centre due to looting
TOWER PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2012/066457/06)
JSE share code: TWR ISIN: ZAE000179040
(Approved as a REIT by the JSE)
(“Tower”)
DAMAGE TO EVAGOLD SHOPPING CENTRE DUE TO LOOTING
Shareholders will be aware of the violence and looting currently affecting large parts of South Africa, particularly
Gauteng and Kwazulu-Natal.
Despite precautionary measures, Tower’s Evagold Shopping Centre in Gauteng has been significantly damaged as a
result of being looted and then set on fire.
As the situation remains volatile the full extent of the damage has not been finally assessed. However, the property
is fully insured from both a capital and income perspective. No other Tower properties have been affected by the unrest.
Further information will be provided to shareholders when available.
13 July 2021
Sponsor
Java Capital
Date: 13-07-2021 05:35:00
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