Overview
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Description
Vukile Property Fund Limited is a high-quality, low-risk specialist retail real estate investment trust (REIT) based in South Africa. Its primary function is to own and manage a geographically diversified portfolio of income-generating retail properties, delivering stable rental income and potential capital growth to shareholders. The portfolio, valued at approximately R54 billion, comprises 34% in South Africa—featuring urban, commuter, township, and rural malls—and 66% in the Iberian Peninsula through its subsidiary Castellana Properties, including prime shopping centers in Spain and Portugal. Vukile caters to diverse tenants from local businesses to multinational retailers, fostering economic activity and community growth in its operating regions. Listed since 2004, it emphasizes strategic acquisitions, proactive asset management, and diversification to ensure sustainable performance in the retail REIT sector. Headquartered in Johannesburg with CEO Laurence Rapp at the helm, Vukile plays a pivotal role in the South African property market by providing investors exposure to resilient retail real estate across Southern Africa and Europe.
About
CEO
Mr. Laurence Gary Rapp BCom (Hons)
Employees
—
Address
4th Floor, 11 Ninth Street
Houghton Estate
Johannesburg, 2198
Houghton Estate
Johannesburg, 2198
Phone
27 11 288 1000
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
United States
MIC code
PINX