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VUKILE PROPERTY FUND LIMITED - GCR places Vukiles rating on positive outlook

Release Date: 22/07/2024 16:58
Code(s): VKE VKE16 VKE21 VKE18 VKE27 VKE26 VKE25 VKE22 VKE19 VKE20     PDF:  
Wrap Text
GCR places Vukile’s rating on positive outlook

VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE share code: VKE NSX share code: VKN
ISIN: ZAE000180865
Debt company code: VKEI
(Granted REIT status with the JSE)
("Vukile" or "the company")


GCR PLACES VUKILE'S RATING ON POSITIVE OUTLOOK


Noteholders and shareholders are advised that Global Credit Rating Company Limited ("GCR") has released a
credit rating announcement in which it has placed Vukile's national scale long term issuer rating of AA(za) on
Positive Outlook due to continued focus on growing its high-quality, diversified retail portfolio.

According to GCR, the Positive Outlook reflects Vukile's "consistently strong property performance metrics in
both its South African and Spanish portfolios" and recognises this is supported by Vukile's "access to capital and
strong liquidity."

GCR's credit rating announcement is publicly available on its website at:
https://gcrratings.com/announcements/gcr-places-vukile-property-fund-limiteds-ratings-of-aaza-on-positive-
outlook-due-to-continued-focus-on-growing-its-high-quality-diversified-retail-portfolio/

22 July 2024


JSE sponsor                                        NSX sponsor
Java Capital                                       IJG Securities (Pty) Ltd

Date: 22-07-2024 04:58:00
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