EMIRA PROPERTY FUND LTD

EMIRA PROPERTY FUND LTD Organogram

Emira Property Fund Limited is a Real Estate Investment Trust (“REIT”) domiciled in South Africa and, together with all its subsidiaries (the “Group” or the “Fund” or “Emira”), owns a portfolio of property investments which are diversified both sectorally and geographically. Emira’s risk mitigating sectoral and geographical diversification strategy has enabled it to continue to deliver returns throughout the cycles.\r\n\r\nIn South Africa, the Fund owns a direct portfolio of properties diversified across the retail, industrial, office and residential sectors, which it segregates between the Commercial Portfolio (the retail, industrial and office properties) and the Residential Portfolio (the residential properties). The Residential Portfolio includes the properties of Transcend Property Fund, a specialist residential property company owned by Emira which is focused on value-oriented, suburban units.\r\n\r\nEmira’s only remaining indirect investment is the portfolio of investments in the United States of America, being equity interests in 12 grocery-anchored dominant value-oriented power centres, held together with its US-based partner, The Rainier Companies.\r\n\r\n\r\nAs of 31 March 2024, Emira\'s direct South African portfolio commercial portfolio comprised 69 properties and 21 residential properties with a combined value of R12.1bn.\r\n\r\nProperty management services are outsourced to Broll Property Group (Pty) Ltd, Feenstra Group and IHS Property management.