Sharenet Sites 
Sharenet Sites
GCR upgrades Vukile rating to AA+(za) and debt roadshow presentation
VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE share code: VKE NSX share code: VKN
Company code: VKEI
ISIN: ZAG000166158
(Granted REIT status with the JSE)
("Vukile" or the "Company")
GCR UPGRADES VUKILE RATING TO AA+(ZA) AND DEBT ROADSHOW PRESENTATION
Vukile noteholders and shareholders are advised that GCR Ratings ("GCR") has released a credit rating announcement
in which Vukile's national scale long-term issuer rating has been upgraded to AA+(za) (previously AA(za)), with the short-
term rating affirmed at A1+(za), with a Stable Outlook.
According to GCR "Vukile's property performance remains a key rating strength. Across both regions, Vukile focuses
on non-metropolitan, convenience-oriented shopping centres and retail parks that are primarily anchored by grocery or
essential services tenants and have tended to outperform the overall property sector."
GCR also recognises Vukile's "strong access to debt capital" and "sound liquidity profile."
GCR's credit rating announcement is publicly available on its website at:
https://gcrratings.com/announcements/gcr-upgrades-vukile-property-fund-limiteds-rating-to-aaza-on-strong-asset-
quality-and-diversity/
Vukile noteholders and shareholders are also advised that Vukile is undertaking its annual debt capital markets roadshow
commencing Wednesday, 6 August 2025, ahead of a bond auction anticipated on Friday, 22 August 2025.
A copy of the debt investor presentation, which will be presented to members of the investment community, is available
on the Company's website at:
https://www.vukile.co.za/wp-content/uploads/2025/07/Vukile-DCM-Roadshow-August-2025.pdf
28 July 2025
JSE sponsor NSX sponsor
Java Capital IJG Securities (Pty) Ltd
Date: 28-07-2025 04:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
