1. Growthpoint Properties
Industrial Value Extraction Strategy

2. Introduction to Growthpoint
* Includes 100% of GOZ and 50% of V&A Waterfront; excludes Stor-Age, refer to Annexure 29

3. Growthpoint Industrial Sector Salient features as at 30 June 2015
Highlights for the year under review
Growthpoint Industrial Sector
Salient features as at 30 June 2015
Number of properties
229.00
Valuation
R10,436 mil
Total GLA
2,225,075
Vacancy
118,509
Vacancy %
5.33%
Value per m² excluding bulk
R 4,589
Average gross rent per m²
R43,40

4. Commerce Corner DETAILS4

5. Location
Commerce Corner

6. Property Information Commerce Corner
Land size : 6 240m²
GLA : 3 605m²
Value /m² : R8 293/m²
Current tenants : - Exclusive Books Environ Distribution SA (Pty) Ltd
Average years rent /m² : R80/m² gross
Lease expiry date : 2019

7. After Development

8. After Development

9. M1 Place
DETAILS 9

10. Location

11. Property Information M1 Place
Land size : m²
GLA : m² - current, post refurbishment m²
Value /m² : R3 195/m² - current, post refurbishment R4 024/m²
Current tenants : United Furniture Outlets (Pty) Ltd Multilayer Trading 704 CC The Linen Basket
Loxion Factory Shop
Current Average Gross Rent /m² : R47.05/m²
Lease expiry date : Monthly due to refurb
Capex spend : R51m + Current Value

12. Before Development

13. After Development

14. After Development

15. Samrand
DETAILS 15

16. Location

17. Property Information Samrand
Land size : m²
Zoned : Industrial 2 & Commercial (2 sites only measuring m²)
F A R : 0.6 Coverage : 50%
Services : Roads, Storm water, Sewer, Electricity & Water
Potential GLA : m²

18. Development Perspective

19. Midrand Central DETAILS19

20. Location

21. Property Information Midrand Central
Land size :59 358m² (Erf 517, 518, 519, 520)
Current GLA : m² (Erf 517, 518)
Current tenants : Wilo
JDL Electrical Geze
SMC Pneumatics
Average Gross Rent /m² : R61.30/m²
Lease expiry date : 2020

22. Development Perspective

23. Kulingile
DETAILS 23

24. Location

25. Property Information Kulingile
Land size : m²
Built area : m²
Value /m² : R2 450/m²
Current tenant : Robor
Average Gross Rent /m² : R31/m²
Lease expiry date : Nov 2015
Capex spend : R12m for new tenant Consolidated Steel Industries Jan 2016

26. Kulingile Building

27. Midas
DETAILS 27

28. Location

29. Property Information Midas
Land size : m²
Built area : m²
Value /m² : R3 717/m²
Current tenants : Vacant

30. Midas Building

31. Hilltop Industrial DETAILS31

32. Location

33. Property Information Hilltop Industrial
Land size : m²
Built area : m²
Value /m² : R4 589/m²
Current tenants : Scania
Cartoon Candy
Rocbolt Technologies
Capital Africa Steel
Man Diesel & Turbo
Robor
The Dished End Company
Salco
Rubicon Automation
Average years rent /m² : R35.90/m²
Capex spend : R75m in addition to current value

34. After Development Perspective

35. Allen Road
DETAILS 35

36. Location

37. Property Information Allen Road
Land size : m²
Built area : 6 088m²
Value /m² : R6 465/m²
Current tenants : Gxakwe Projects
Vacant 1 719m²
Average years rent /m² : R56.10/m²
Lease expiry date : 2020

38. After Development Perspective

39. After Development

40. After Development

41. Grundfos and Meadowbrook Estate
LOCATION DETAILS 41

42. Location

43. Property Information Grundfos & Meadowbrook Estate
Land size : m²
Built area : m²
Value /m² : R8 516/m²
Current tenants : Grundfos (Pty) Ltd
Meadowbrook Vacant: 7 088m²
Average years rent /m² : R90.00/m²
Lease expiry date : 2023
Capex spend : Grundfos - R75m
Meadowbrook – R55m

44. Grundfos After Development

45. Grundfos After Development

46. Meadowbrook After Development

47. Meadowbrook After Development

48. Thank you! Growthpoint Properties Limited Contact : Engelbert Binedell
+(27)
Victoria and Alfred Waterfront, Cape Town