Highlights for the interim financial period ending 30 September 2020

- Safari’s focus on food-anchored shopping centres in mainly peri-urban areas has proven to be a key factor in the defensive nature of the portfolio
- Safari achieved a positive reversion rate on renewals for the six months under review
- The portfolio occupancy rate remained healthy at 97% of space fully occupied and operational, while no significant tenant failures occurred during the lockdown period
- Safari declared 90% of distributable income for the interim period as dividend
- In support of transparency and comparability in the SA REIT sector, the company included the new SA REIT metrics in its interim results in line with the second edition of the SA REIT Association’s best practice recommendations