A diversified portfolio

45% retail sector revenue

Tower Property Fund

48% office sector revenue

7% industrial sector revenue

New Developments

Tower Property Fund Results

Portfolio

value

R4.9bn

Distribution

growth

5%

Vacancies

reduced to

5%

Distribution

paid

R275m

Revenue

[Sectoral]

45% | Retail by Revenue

48% | Office by Revenue

7% | Industrial by Revenue

Revenue

[Geographic]

35% | Gauteng by Revenue

26% | Croatia by Revenue

28% | Western Cape by Revenue

11% | KZN by Revenue

Asset Value

[Sectoral]

46% | Retail by Asset Value

47% | Office by Asset Value

7% | Industrial by Asset Value

Asset Value

[Geographic]

31% | Gauteng by Asset Value

28% | Croatia by Asset Value

31% | Western Cape by Revenue

10% | KZN by Revenue

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