VUKILE (VKE)

Acquisition: Vukile is acquiring the Pan Africa Shopping Centre in Wynberg, Johannesburg. The centre serves Alexandra township and has Boxer as its anchor tenant. Vukile focuses on mid- to low-LSM shopping centres in South Africa and will be funded by existing resources. It has a loan-to-value ratio of 43%. Vukile focuses on mid- to low-LSM shopping centres in South Africa.