INVESTMENTS

Centurion Investments have made various investments over the past decade that have been incorporated in the portfolio of Redefine Properties. Redefine Properties Limited is a South Africa-based real estate investment trust (REIT). The Company derives rental income from investments in office, retail and industrial properties; distributions from listed security investments, and distributions from investment in associates and joint ventures.

It also earns fee income from rendering property and asset management services. The Company operates through its local and foreign segments. The local segment is divided into subsectors, including office, retail, industrial and Fountainhead. The local segment includes contractual rental income, property expenses, investment properties excluding developments and non-current assets held-for-sale.

The Company’s portfolio consists of approximately 330 properties. Its properties are located in Western Cape, Sandton, Pretoria, KwaZulu-Natal, Greater Johannesburg (JHB) and Mpumalanga, among others.

EPP is a real estate investment company that follows the REIT formula regarding investment strategy and dividend policy, investing in retail properties throughout Poland with primary listings on the Main Board of the JSE and the Euro MTF market of the Luxembourg Stock Exchange.

On 1 January 2016, a South African REIT headquartered in Johannesburg - Redefine Properties - acquired a 75% stake in EPP’s issued ordinary share capital, subsequently reducing its shareholding to just under 50% through the on-sale of EPP ordinary shares to a consortium of selected co-investors.

The company released strong financial results for the nine months to September on Thursday, making it an attractive investment for South Africans in 2018 so far, achieving a total return of 19% while the FTSE/JSE South African Listed Property Index has struggled, delivering a total return of -24%.

The Atterbury Group (Atterbury Property Holdings (Pty) Ltd or “Atterbury”) was founded in 1994, South Africa by Louis van der Watt and Francois van Niekerk, with a primary focus on developing retail centres and commercial buildings.

For 25 years, Atterbury has developed prime commercial, retail and residential property across South Africa, the rest of the African continent and more recently, Europe.

Atterbury Property Holdings is the operational company in the Atterbury Group. This holding company consists of development, corporate services and asset management divisions.

Atterbury Property Holdings have always believed in development as a catalyst for economic and societal growth and improvement. A creative environment, featuring elegant architecture as well as safety and accessibility are all hallmarks of Atterbury developments.