Tower Property Fund Results
Portfolio
value
R4.8bn
Loan to
Value
39.1%
Vacancies
7.9%
Net asset value
per share
R7.62
Revenue
[Geographic]
31% | Gauteng by Revenue
31% | Croatia by Revenue
29% | Western Cape by Revenue
9% | KZN by Revenue
Revenue
[Sectoral]
47% | Retail by Revenue
47% | Office by Revenue
6% | Industrial by Revenue
Asset Value
[Geographic]
26% | Gauteng by Asset Value
37% | Croatia by Asset Value
29% | Western Cape by Revenue
8% | KZN by Revenue
Asset Value
[Sectoral]
46% | Retail by Asset Value
46% | Office by Asset Value
1% | Inventory by Asset Value
7% | Industrial by Asset Value
Listed Property Fund
Tower owns a diversified portfolio of high quality office and retail properties based predominantly in Gauteng and the Western Cape, Zagreb in Croatia and with some exposure in KwaZulu-Natal. Flagship properties include Cape Quarter, a landmark retail and office property in Cape Town and Upper Grayston Drive Office Park, a green star rated office park in Sandton.















Property Portfolio
from Cape Town to Croatia