We achieved solid results in the first quarter of this year, improving our gross margin on rental activity by 23% and improving our FFO by 27%. - said Thomas Kurzmann, GTC’s CEO.

The uptick in shopping centre sales out of negative territory is continuing, according to the Clur Report of SA Retail Property Performance for January, an industry barometer.

A technical recession and low investor confidence has produced a seven-year investment low in the commercial property market.

There seems to be insatiable demand for Ridgeside’s prime land which cascades towards the sea from the uMhlanga Ridge.

After months of decline, trading densities across 2.2 million m² of physical retail space in seven provinces of South Africa and in Namibia are trending towards growth, according to an industry barometer.

Real estate consulting firm, JLL, has released its South African Q4 2017 market reports for key markets across the country, including the office markets in Johannesburg, Durban and Cape Town; the industrial markets in Johannesburg and Durban; and an outline of the South African retail market.

Page 4 of 4

Please publish modules in offcanvas position.