Property portfolio summary
AT 30 JUNE 2015
| |
Number of
properties |
GLA
m² |
Vacancy
m² |
Vacancy
% |
Value
Rm |
Value/m²
(excluding
additional
bulk)
Rand |
Gross
rental
(month/
m²)
Rand |
Forward
yield
% |
| RETAIL PORTFOLIO (RSA) |
|
|
|
|
|
|
|
|
| Regional Shopping Centres |
20 |
913 620 |
30 374 |
3.3% |
20 116 |
22 019 |
172 |
7.3% |
| Community Shopping Centres |
19 |
344 276 |
11 026 |
3.2% |
5 999 |
17 425 |
141 |
8.3% |
| Neighbourhood Shopping Centres |
11 |
75 913 |
3 457 |
4.6% |
769 |
10 122 |
105 |
9.7% |
| Retail Warehouses |
1 |
3 914 |
– |
– |
18 |
4 624 |
56 |
13.3% |
| Speciality Centres |
4 |
50 909 |
1 292 |
2.5% |
947 |
18 596 |
142 |
7.5% |
| Small Regional Shopping Centre |
1 |
21 829 |
219 |
1.0% |
355 |
16 258 |
245 |
7.6% |
| Vacant land (including house) |
2 |
– |
– |
– |
9 |
– |
– |
– |
| Total Retail |
58 |
1 410 461 |
46 368 |
3.3% |
28 213 |
19 996 |
156 |
7.7% |
| OFFICE PORTFOLIO (RSA) |
|
|
|
|
|
|
|
|
| High Rise Offices: Investec |
2 |
83 781 |
– |
– |
2 706 |
32 304 |
* |
9.5% |
| High Rise Offices |
16 |
206 418 |
21 398 |
10.4% |
3 429 |
16 617 |
141 |
7.8% |
| Low Rise Offices |
87 |
631 221 |
46 729 |
7.4% |
11 528 |
18 262 |
138 |
8.4% |
| Low Rise Offices*** |
1 |
2 376 |
1 214 |
51.1% |
62 |
26 010 |
* |
4.8% |
| Office Parks |
63 |
740 285 |
68 028 |
9.2% |
11 938 |
16 122 |
135 |
8.2% |
| Office/Warehouse |
1 |
70 201 |
3 030 |
4.3% |
598 |
8 513 |
80 |
9.0% |
| Mixed use: Office and Retail |
3 |
42 124 |
2 417 |
5.7% |
736 |
17 480 |
146 |
8.6% |
| Hospitals |
1 |
14 022 |
– |
– |
430 |
30 630 |
* |
8.8% |
| Vacant Land |
10 |
– |
– |
– |
1 536 |
– |
– |
– |
| Total Office |
184 |
1 790 428 |
142 816 |
8.0% |
32 963 |
17 562 |
142 |
8.4% |
| INDUSTRIAL PORTFOLIO (RSA) |
|
|
|
|
|
|
|
|
| Warehousing |
99 |
959 617 |
46 711 |
4.9% |
3 738 |
3 895 |
36 |
10.0% |
| Industrial Parks |
10 |
381 967 |
17 075 |
4.5% |
1 631 |
4 272 |
42 |
8.7% |
| Retail Warehousing |
9 |
90 231 |
8 093 |
9.0% |
460 |
5 108 |
58 |
10.7% |
| Motor-related Outlets |
11 |
55 543 |
18 981 |
34.2% |
371 |
6 694 |
85 |
10.4% |
| Mini Units |
18 |
142 682 |
7 043 |
4.9% |
692 |
4 848 |
54 |
9.6% |
| Midi Units |
8 |
80 738 |
2 490 |
3.1% |
388 |
4 812 |
48 |
8.5% |
| Maxi Units |
1 |
14 466 |
– |
– |
66 |
4 535 |
47 |
9.4% |
| Low Grade Industrial |
24 |
141 239 |
3 449 |
2.4% |
472 |
3 338 |
37 |
9.5% |
| High-Tech Industrial |
14 |
134 312 |
6 921 |
5.2% |
1 104 |
8 224 |
43 |
5.3% |
| High-Grade Industrial |
25 |
209 539 |
7 746 |
3.7% |
1 289 |
6 151 |
61 |
9.3% |
| Vacant Land |
10 |
14 741 |
– |
– |
225 |
– |
– |
– |
| Total Industrial |
229 |
2 225 075 |
118 509 |
5.3% |
10 436 |
4 589 |
43 |
10.1% |
| Total Growthpoint
(RSA excluding V&A) |
471 |
5 425 964 |
307 693 |
5.7% |
71 612 |
12 875 |
107 |
8.3% |
| V&A WATERFRONT |
|
|
|
|
|
|
|
|
| Retail Property |
|
45 238 |
– |
– |
3 644 |
80 552 |
461 |
6.7% |
| Office Property |
|
50 147 |
2 211 |
4.4% |
1 412 |
28 157 |
155 |
7.6% |
| Fishing and Industrial Property |
|
57 461 |
– |
– |
413 |
7 187 |
53 |
8.7% |
| Hotel and Residential |
|
49 812 |
3 028 |
6.1% |
781 |
15 679 |
119 |
9.1% |
| Undeveloped bulk |
|
– |
– |
– |
511 |
– |
– |
– |
| Total V&A Waterfront |
1 |
202 658 |
5 238 |
2.6% |
6 761 |
30 840 |
186 |
7.0% |
| Total Growthpoint (RSA) |
472 |
5 628 622 |
312 932 |
5.6% |
78 373 |
13 477 |
110 |
11.2% |
| GROWTHPOINT AUSTRALIA |
|
|
|
|
|
|
|
|
| Industrial |
36 |
858 658 |
– |
– |
10 959 |
12 755 |
113 |
8.2% |
| Office |
17 |
191 953 |
10 581 |
5.5% |
11 065 |
57 670 |
602 |
6.7% |
| Total Australia |
53 |
1 050 611 |
10 581 |
1.0% |
22 024 |
20 963 |
188 |
7.3% |
TOTAL GROWTHPOINT |
525 |
6 679 233 |
323 513 |
4.8% |
100 396 |
14 655 |
124 |
10.6% |
Gross rental/m² per month is the weighted average actual gross rental, consisting of net rental, operating cost recoveries and recovery of assessment rates.
Forward yield is the budgeted net income for the year to 30 June 2016 as a percentage of the property value.
Notes to the Property Portfolio Summary and Detail.
| * |
Single-tenanted properties or vacant |
| ** |
Based on rental per annum in AUD |
| *** |
Equity-accounted buildings |
| *** |
Owner-occupied property |