Resilient bucks mall vacancies trend
Resilient, like other property groups, has helped tenants during the lockdown, giving them discounts of R166.3m, as opposed to rental deferments
30 August 2020 - 00:00
A portfolio of shopping centres in provincial capitals, smaller cities and towns helped property group Resilient buck the trend of rising vacancies that other landlords have faced during lockdown.
Speaking after the release of results for the year to end-June, Resilient CEO Des de Beer said one of the reasons behind the group's performance was its focus mainly on lower living standards measure (LSM) shopping centres in rural areas and in towns and cities connected to the mining sector...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.