Township And Community Malls Continue To Outperform
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Itumeleng Mothibeli – Vukile MD SA talks about South African and Spanish retail property portfolios delivered strong sales performances in November and December 2022, with excellent Black Friday and festive season trading growth, despite worsening load shedding and water security challenges in South Africa.
Vukile is a specialist retail REIT that holds a defensive portfolio of property assets of which 44% are in South Africa and 56% in Spain. The Spanish assets are held through Vukile’s 89,6% holding in Madrid-listed Castellana Properties Socimi.
Vukile is a specialist retail REIT that holds a defensive portfolio of property assets of which 44% are in South Africa and 56% in Spain. The Spanish assets are held through Vukile’s 89,6% holding in Madrid-listed Castellana Properties Socimi.
