Strong fundamentals underpin Equites’ robust performance
Low vacancies, top-grade tenants and long leases boost the company’s results
05 October 2022 - 09:05
UPDATED 05 October 2022 - 19:32
Equites Property Fund, the specialist owner and developer of prime logistics in SA and the UK, says its robust property portfolio fundamentals continue to drive a strong operational performance.
For the six months to end-August, Equites reported portfolio vacancies of 0.1%, with 97.5% of its revenue derived from A-grade tenants. Together with a weighted average lease agreement of 13.9 years, these fundamentals all provided a high degree of income certainty over a sustained period. ..
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