Vukile Property Fund

Vukile Property Fund

Real Estate

Johannesburg, Gauteng 13,629 followers

A high-quality, low-risk, specialist retail real estate investment trust (REIT) operating in South Africa and Spain.

About us

Vukile Property Fund Limited is a high-quality, low-risk, specialist retail real estate investment trust (REIT) with a geographically diversified portfolio of property assets valued at R37 billion, of which 58% is based in Spain. Of the R37bn of total property assets 42% consist of urban, commuter, township and rural malls across South Africa and 58% are held in Spain through the Madrid-listed subsidiary Castellana Properties Socimi. Vukile was listed on the JSE Limited on 24 June 2004 (JSE code: VKE) and on the Namibian stock exchange on 11 July 2007 (NSX code: VKN). On 1 April 2013, we became the first property company to be awarded Real Estate Investment Trust (REIT) status by the JSE Limited. Our 99.6%-held subsidiary, Castellana Property Socimi, is listed on the BME Growth. Despite the challenging macro economic environment, as well as unique local challenges, both the South African portfolio and Castellana continue to deliver stellar results and solid performance metrics. Our strong performance is largely due to our strategically constructed portfolio of handpicked properties, most of which are dominant assets in catchment areas, our specialist asset management skills and strong focus on customer centricity.

Website
www.vukile.co.za
Industry
Real Estate
Company size
11-50 employees
Headquarters
Johannesburg, Gauteng
Type
Public Company
Founded
2004
Specialties
Real Estate, Retail Property, and Property Investment Fund

Locations

  • Primary

    11 9th Street, Houghton Estate

    Johannesburg, Gauteng 2198, ZA

    Get directions

Employees at Vukile Property Fund

Updates

  • Season's Greetings from Vukile! As we close out another year, we want to take a moment to express our gratitude to our valued partners, investors, and tenants. Your continued support and partnership have been instrumental to our success. Wishing you peace, prosperity, and success in the year ahead. Here's to new opportunities, growth, and a bright future together. Happy Holidays and a wonderful New Year! #SeasonalGreetings #HappyHolidays #VukilePropertyFund

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  • Congratulations to our Vukile Academy Class of 2024 Graduates! Today, we celebrate the incredible accomplishments of our interns as they graduate from our internship program. Over the course of their journey, they have demonstrated dedication, hard work, and an unwavering passion to learn and grow. We couldn’t be prouder of everything they've achieved! As they step into the next chapter of their careers, we are excited to see all the amazing things they will accomplish. To our graduates, thank you for your energy and commitment. The entire team is cheering you on as you embark on an exciting new adventure. Unathi Tuta - Intern: Asset Management Pheello Nhlapo - Intern: Asset Management Nomhle Manana - Intern: Developments Naledi Shozi - Intern: Treasury Moses Dlamini - Intern: Asset Management Mario Koza - Intern: Leasing Kgomotso Kekana - Intern:  Asset Management #InternshipGraduates #NewBeginnings #FutureLeaders #VukileAcademy2024

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  • We believe in the power of place. At Vukile we know that managing real estate takes a laser focus, specialised skill, constant agility and an innovative approach. Whilst we aspire to be the most trusted and respected retail property business in South Africa and beyond, our track record already shows steadfast performance and sustained growth. We believe that Vukile’s unique focus on superior customer experience results in value for all our stakeholders. Our data focus, people-centricity, attitudes and values all contribute to our success.  For a glimpse into what makes Vukile special for our investors, staff, tenants, shoppers and partners, take a look at our brand new corporate video here:

  • Our consumer-focus, distinguished by our sector specialisation and international diversification, has secured excellent half-year operational results. This strong performance positions us comfortably to meet our full-year guidance of growth in FFO per share of 2% to 4%, with a trajectory towards the upper end of our 4% to 6% DPS growth target.   View our latest Interim Financial Results:  https://lnkd.in/df3ECM3G  

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  • Exciting News for Our Community!  We are thrilled to announce the official sod turning for our newest development project, our second in the Thoyandou district. A true testament to the power of partnership and community spirit! We are thrilled to be partnering with the Flanangan & Gerard Group, and Ramongolwe on this project. Together with local leaders, residents, and dedicated partners, we’re breaking ground on a space that will foster connection, growth, and opportunity for everyone. This project isn't just about buildings; it’s about creating a vibrant hub where memories are made and futures are built. Thank you to everyone who has supported this vision! We can't wait to see how this new development will enrich our community and bring us all closer together. Stay tuned for updates as we embark on this exciting journey! #CommunityFirst #Partnerships #BuildingTogether #SodTurningCeremony #VukileProperty #ThavaniRetailPark

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  • From hiring local talent to empowering entrepreneurs, our approach goes beyond retail. Vukile creates spaces filled with opportunities for businesses and people—building communities and growing value. Here are 10 insights into how we’re redefining retail spaces in South Africa. #RetailTransformation #CommunityDriven #VukilePropertyFund #BuildingCommunities #GrowingValue

    Rethinking retail spaces

    Rethinking retail spaces

    Vukile Property Fund on LinkedIn

  • East Rand Mall has defied retail norms for over three decades. But as the mall’s shoppers have evolved, East Rand Mall has too. On 1 October it welcomed Checkers FreshX, the centre’s first grocery anchor. This milestone highlights Vukile’s commitment, together with East Rand Mall co-owner Redefine Properties, to continually meet the evolving needs of the centre’s loyal community. Since 2013, we’ve invested in major upgrades: - Modernising the retail centre’s aesthetic - Improving public transport -Introducing eco-friendly solar power -Tenant mix refinements Changes and upgrades that have been based on data-driven decision-making. Our goal? To ensure this 69,000sqm retail centre remains a leader, consistently serving our customers and adapting to the ever-changing landscape of the industry. For the full press release, visit our website : http://bit.ly/48IIRTj #RetailInnovation #VukilePropertyFund #CheckersFreshX #BuildingCommunities #GrowingValue #SustainableRetail

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  • What an amazing experience! Our first People Summit has officially wrapped up, and we couldn’t be more thrilled with the outcome. A huge thank you to all who made this event possible: Suppliers & Partners – Your support and commitment ensured everything ran seamlessly. From logistics to technology, we couldn't have done it without you! Speakers & Panelists – Your expertise, insights, and inspiring talks have left a lasting impact on all who attended. We’re so grateful for your contributions. Attendees – Your engagement, enthusiasm, and shared passion made this event truly special. Thank you for taking the time to be a part of this incredible community. We are already excited about what’s next and can’t wait to continue building on the connections and knowledge shared. Stay tuned for some insights and highlights from the event! #ThankYou #Gratitude #Networking #ConferenceSuccess #Teamwork #Community #Learning #VukilePeopleSummit2024

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      +4
  • Vukile Property Fund proudly congratulates Itumeleng Mothibeli, our Managing Director for Southern Africa, on his appointment as the new President of the SAPOA (South African Property Owners Association)(SAPOA). As a leader deeply committed to the property sector and South Africa’s future, Itu is passionate about driving meaningful change. "The commercial property sector has the potential to change lives through bricks and mortar. We create jobs, trading environments, and impact communities. I am honoured to contribute to sustainable solutions for South Africa’s property industry and its stakeholders" Itumeleng Mothibeli. Join us in celebrating his incredible achievement! Together, we’ll continue to create growth in our communities and drive value for all our stakeholders.

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