Investor Presentaiton
Portfolio Overview (Pre-pipeline and Pivotal)
maradelta
PROPERTY HOLDINGS
Modern retail and office assets with attractive tenant mix located in African countries with strong fundamentals
Portfolio Metrics
Retail
Office
Total
Top 10 Tenants (by income)
Number of Properties
Acquisition Cost (US$m)
2
3
5
34%
121
97
218
Independent Property Value ($m)
115
105
220
Weighted Average Acquisition Yield¹
8.6%
8.8%
8.7%
Weighted Average Capitalisation Rate²
WALE (years by income)
GLA (sqm)
8.4%
8.6%
8.5%
2% 20% 3% 4%
20%
11%
Vodacom
Anadarko
Alhokair
Alshaya
■Label Vie
Samarcande Group
Sal & Calderia Advogados
DVH
BP
9%
KPMG
Other
6%
4%
5%
Portfolio Summary by Geography (Asset Value)
6.9 years
7.0 years
7.1 years
35,643
23,410
59,053
Occupancy (by GLA)
93.3% 3
100.0%
96.0%
1. Based on purchase price excl. acquisition costs
2. Pre-tax cap rate. Calculated as a weighted average of property operating income divided by market value of property
3. Vacant space relates to street retail component of Anfa Place with the shopping centre itself being 100% occupied.
47,4%
52,6%
■ Mozambique
■MoroccoView entire presentation