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RESILIENT REIT LIMITED - Update on reopening of retail centres

Release Date: 19/07/2021 10:36
Code(s): RES RES50 RES49 RES52 RES35 RES41 RES40     PDF:  
Wrap Text
Update on reopening of retail centres

RESILIENT REIT LIMITED
Incorporated in the Republic of South Africa
Registration number: 2002/016851/06
JSE share code: RES
ISIN: ZAE000209557
Bond company code: BIRPIF
LEI: 378900F37FF47D486C58
(Approved as a REIT by the JSE)
(“Resilient” or “the Company”)


UPDATE ON REOPENING OF RETAIL CENTRES


Further to the SENS of 14 July, Resilient provides the following update to stakeholders.

Essential services at Galleria Mall and Arbour Crossing have been open and trading since Saturday, 17 July.
These include Checkers Hyper, Pick n Pay Hypermarket, Food Lover’s Market, Pick n Pay supermarket, Game,
Woolworths, Clicks and Dis-Chem. Both centres are expected to be fully open for trade tomorrow.

The Shoprite and Game stores at Mams Mall reopened for trade on Saturday, 17 July. The Pick n Pay, Clicks and
Dis-Chem stores that sustained limited damage will open on Wednesday, 24 July. The Boxer store and Nizaams
that were damaged and looted are undergoing repairs and are scheduled to reopen on Friday, 23 July.

Jabulani Mall that was extensively looted has been cleared and cleaned in partnership with the local community
and other support groups. The Shoprite store is anticipated to reopen by month-end. Opening of the remaining
shops is constrained by the limited availability of shopfronts and glass.

All other retail centres in the portfolio are fully open for trade.

19 July 2021


Sponsor
Java Capital

Date: 19-07-2021 10:36:00
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