The following property developments and recent acquisitions and disposals were relevant as at 31 December 2015:
The retail redevelopments are a primary component of the strategy to unlock value in the retail portfolio. The Company has a pipeline of R840.9 million of retail redevelopments. These projects are combined forecast to achieve an initial yield of 9.5%. The eight retail redevelopments detailed below showcase SA Corporate’s retail development skill which is essential to unlock the value of the Company’s retail portfolio.