FY26 Highlights

	56.62 cents Final dividend
	10.5% and 11.1% Growth in SA rental income and net property operating income
	1.1% and -0.8% UK rental income growth and net property operating income
	90.8% Closing occupancy (SA: 93.4%; UK 81.6%)
	26.7% SA REIT loan-to-value ratio
	3.7% Growth in SA REIT NAV per store
	R500 million Succesful equity capital raise at premium to NAV in December 2025
	10 100m² Increase in JV portfolio occupancy (SA: 8 100m²; UK: 2 000m²)
	103 000m² GLA Development pipeline - 22 properties at various stages of planning and completion
	R200 million Trading store acquisitions in SA: Lock-Up (Durban), Execustore (Ballito), West Coast Storage (Western Cape)
	16 600m² Current SA developments - Melrose (JHB), De Waterkant and Sunningdale expansion (Cape Town)
	5 platform projects Underway in the UK: Acton (Moorfield JV) began trading in June 2025; Hines-Owned Chelmsford and Aylesbury sites under development; Management contract with Time Investments; Sale-and-manage-back - Heads of Terms agreed in principle