Exemplar REITail Ltd.
JJSE:EXP2,400.00
ZAC
+50.00
(+2.13%)
ISIN
ZAE000257549
Return %
Stock
S&P 500
1Y
74.55
14.20
3Y
137.62
81.12
5Y
150.00
68.34
Capital Structure
ZAR
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in mil. unless spec.Working Capital
ZAR
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in mil. unless spec.Growth Rates
ZAR
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in mil. unless spec.Semi-annual Revenue
ZAR
•
in mil. unless spec.Semi-annual Earnings Per Share
ZAR
•
in mil. unless spec.Semi-annual Dividends Per Share
ZAR
•
in mil. unless spec.Company Description
- CEO
- Jason McCormick
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Centurion South Africa
- IPO Date
- May 30, 2018
- Website
- exemplarreit.co.za
- Similar Companies
- Business
- Exemplar REITail Limited is an internally managed South African real estate investment trust specializing in the acquisition, development, ownership, and asset management of township, rural, and commuter-centric retail shopping centers. Founded in 2018 and headquartered in Centurion, South Africa, the company originated from the property development assets of McCormick Property Development and lists its shares on the Johannesburg Stock Exchange under the ticker EXP. The group focuses on servicing under-resourced community retail markets and commuter transport nodes across six South African provinces, including Gauteng, Limpopo, Mpumalanga, KwaZulu-Natal, the Eastern Cape, and the North West. The company offers a structured portfolio of property assets and real estate services, which includes: the ownership, development, and operation of convenience centers, rural shopping malls, and regional retail plazas; commercial space leasing tailored to major supermarket grocery anchors, national retail chains, banking and financial institutions, pharmacies, hardware suppliers, and quick-service restaurant franchises; comprehensive in-house property and facility management services, including lease administration, tenant curation, operational logistics, physical maintenance, and site security; and integrated green utility infrastructure services, featuring large-scale rooftop photovoltaic solar installations, commercial backup water storage systems, and sustainable waste management solutions. In recent developments, Exemplar has advanced its portfolio growth and operational infrastructure through targeted acquisitions and capital redevelopment projects across its portfolio of 28 owned and 10 managed properties. The company secured unconditional approval from the South African Competition Tribunal for the strategic acquisition of Goldbroz Investments, acquiring control of commercial properties including a regional shopping center in Limpopo. In addition, the group acquired a 50 percent stake in Tonk Meter Crossing in Springs, Gauteng, executing an extensive expansion and modernization initiative to scale the property to over 21,200 square meters of gross lettable area for relaunch as iTonka Square. Furthermore, Exemplar has expanded the deployment of rooftop solar PV systems and auxiliary power solutions across its shopping centers to mitigate municipal supply disruptions, while continuing to leverage its long-term strategic pipeline and right-of-first-refusal framework with McCormick Property Development for rural retail developments.