Fountainhead is a property unit trust listed on the Johannesburg Stock Exchange. The Trust has R12.1 billion of investment properties with a focus on retail assets located in South Africa’s major metropolitan areas. Included in the portfolio are Centurion Mall, Boulders Shopping Centre, Benmore Gardens Shopping Centre, Bryanston Shopping Centre, Blue Route Mall, Kenilworth Centre and a majority share in N1 City.
The investment policy of Fountainhead is to create wealth for unitholders by consistently generating a total rate of return in excess of inflation. This is to be achieved by optimising net rental growth and thereby maximising the appreciation in the value of the underlying properties in the portfolio
Click here to view the full circular relating to the disposal by Fountainhead of all its assets to Redefine Properties.
Grayston Ridge Office Park
N1 City Mall
- Centurion Mall, Gauteng
- The Boulders Shopping Centre, Gauteng
- Blue Route Mall, Western Cape
- Kenilworth Centre, Western Cape
- N1 City Mall, Western Cape (58%)
Full details of the Trust and its assets can be found in the latest annual report