To view the PDF file, sign up for a MySharenet subscription.

TOWER PROPERTY FUND LIMITED - Damage to Evagold Shopping Centre due to looting

Release Date: 13/07/2021 17:35
Code(s): TWR     PDF:  
Wrap Text
Damage to Evagold Shopping Centre due to looting

TOWER PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2012/066457/06)
JSE share code: TWR ISIN: ZAE000179040
(Approved as a REIT by the JSE)
(“Tower”)


DAMAGE TO EVAGOLD SHOPPING CENTRE DUE TO LOOTING


Shareholders will be aware of the violence and looting currently affecting large parts of South Africa, particularly
Gauteng and Kwazulu-Natal.

Despite precautionary measures, Tower’s Evagold Shopping Centre in Gauteng has been significantly damaged as a
result of being looted and then set on fire.

As the situation remains volatile the full extent of the damage has not been finally assessed. However, the property 
is fully insured from both a capital and income perspective. No other Tower properties have been affected by the unrest. 

Further information will be provided to shareholders when available.

13 July 2021


Sponsor
Java Capital

Date: 13-07-2021 05:35:00
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.

Share This Story