Investment in property is an essential element of any investment portfolio, property being an immovable growth asset with an intrinsic value moving independently of trends on the stock exchange. Safari selects properties based on their location and the potential for attracting reputable national retailers as tenants. Safari’s income is derived from the rental income generated from retailers and such rental escalates annually in accordance with the provisions of each tenant’s lease agreement. Accordingly, Safari’s yield from rental income increases annually and the growth is reflected in the share price and value. Safari’s properties are expected to perform best over the medium to long term, and an investment in Safari should therefore be seen as a medium to long term investment.
The timing of additions and renovations is always carefully planned in order to retain and attract national retailers and customers, as well as to eliminate competition. It ensures that each shopping experience is continually adapted to meet tenant demands and the evolving lifestyle and trends of shoppers.