Fairvest Limited Class A · JSE:FTA
Fairvest Limited Class A — Investor Presentation (March 2026)
24 slides from Fairvest Limited Class A's investor presentation, March 2026
Slide 1: 2026 Pre-Close Presentation
2026 PRE-CLOSE PRESENTATION for the six months ending 31 March 2026
Slide 2: Agenda
Agenda OPERATIONAL UPDATE FAIRVEST PORTFOLIO RETAIL PORTFOLIO OFFICE PORTFOLIO INDUSTRIAL PORTFOLIO FINANCIAL UPDATE Q&A Shoprite Manguzi Fairvest Limited 1 Pre-close presentation for the six months ending 31 March 2026
Slide 3: Operational Update to February 2026
OPERATIONAL UPDATE TO FEBRUARY 2026 DARREN WILDER CEO Masingita Shopping Centre
Slide 4: Fairvest at a glance
Fairvest at a glance Bara Precinct at 28 February 2026 130 assets 1 058 305m² of GLA Vacancies increased to 5.9% (Sept ‘25: 130) (Sept ‘25: 1 065 861m²) (Sept ‘25: 4.1%) Investments 23.6% in Dipula Market cap R15.4 billion (Sept ‘25: 23.6%) (Sept ‘25: R12.0 billion) Fairvest Limited 3 Pre-close pres
Slide 5: Highlights to February 2026
Highlights to February 2026 Upper end of guided growth in distribution per B share of between 9% and 11% expected Tenant retention 85.8% (Sept ’25: 83.0%) New deal WALE 45.6 months (Sept ’25: 35.7 months) Loan-to-value expected to be below 27% (Sept ‘25: 25.6%) Average gross rental per m² R136.61 (S
Slide 6: Acquisitions and Disposals
Acquisitions and Disposals Jozini Mall Acquisitions to be transferred GLA Purchase price Expected date Property name Location Sector (m²) (R) Yield Anchor tenants of transfer Jozini Mall Jozini, KwaZulu-Natal Retail 19 188 399 104 834 10.17% Shoprite April 2026 Tugela Ferry Mall Tugela Ferry, KwaZul
Slide 7: Township Fibre Infrastructure Investment
Township Fibre Infrastructure Investment Bara Precinct Additional R107.0 million invested during Allows Fairvest to Provide access to information the period, bringing the total invested to deepen community engagement and insights that are valuable to our R583.9 million – rental income earned in for
Slide 8: Fairvest Portfolio
FAIRVEST PORTFOLIO DARREN WILDER CEO Southview Shopping Centre
Slide 9: Group operational highlights
Group operational highlights 15 Sector WHERE WE ARE breakdown based on revenue 59 2 6 17 TOTAL 5 4 130 70.5% Retail 10 18.4% Office 12 11.1% Industrial Vacancy Tenant retention Positive rental reversion 5.9% 85.8% 5.8% (Sept ‘25: 4.1%) (Sept ‘25: 83.0%) (Sept ‘25: 4.8%) Average gross rental per m2 W
Slide 10: Portfolio leasing activity
Portfolio leasing activity Westgate Mall NEW DEALS RENEWALS February February February February 2026 2025 2026 2025 Number of leases 198 196 Number of leases 162 176 Total GLA (m2) 73 967 45 959 Total GLA (m2) 50 357 54 978 Average gross rental achieved (R/m2) 97.86 100.26 Average gross rental expir
Slide 11: Retail Portfolio
RETAIL PORTFOLIO DARREN WILDER CEO Cosmos Centre
Slide 12: Retail portfolio highlights
Retail portfolio highlights 10 WHERE WE ARE 20 2 5 13 5 4 10 TOTAL 8 77 Access Park Number of properties Total gross lettable area Vacancy Tenant retention 77 575 318m² 4.8% 85.2% (Sept ‘25: 77) (Sept ‘25: 577 828m²) (Sept ‘25: 3.6%) (Sept ‘25: 88.3%) Positive rental reversion Average gross rental p
Slide 13: Retail leasing activity
Retail leasing activity Access Park NEW DEALS RENEWALS February February February February 2026 2025 2026 2025 Number of leases 118 128 Number of leases 117 121 Total GLA (m2) 24 466 21 843 Total GLA (m2) 27 086 30 321 Average gross rental achieved (R/m2) 128.54 133.23 Average gross rental expiry (R
Slide 14: Office Portfolio
OFFICE PORTFOLIO DARREN WILDER CEO Rosebank Quarter
Slide 15: Office portfolio highlights
Office portfolio highlights 2 WHERE WE ARE 19 1 3 TOTAL 3 28 Tijger Park Number of properties Total gross lettable area Vacancy Tenant retention 28 208 435m² 9.7% 87.4% (Sept ‘25: 28) (Sept ‘25: 214 618m²) (Sept ‘25: 9.0%) (Sept ‘25: 67.2%) Positive rental reversion Average gross rental per m2 Weigh
Slide 16: Office leasing activity
Office leasing activity Sandton Sunninghill Place NEW DEALS RENEWALS February February February February 2026 2025 2026 2025 Number of leases 51 37 Number of leases 17 33 Total GLA (m2) 18 274 9 312 Total GLA (m2) 5 596 14 799 Average gross rental achieved (R/m2) 136.41 107.22 Average gross rental e
Slide 17: Industrial Portfolio
INDUSTRIAL PORTFOLIO DARREN WILDER CEO Beka Candela
Slide 18: Industrial portfolio highlights
Industrial portfolio highlights 3 WHERE WE ARE 20 1 TOTAL 1 25 Germiston Route 24 Number of properties Total gross lettable area Vacancy Tenant retention 25 274 552m² 5.4% 85.8% (Sept ‘25: 25) (Sept ‘25: 273 415m²) (Sept ‘25: 1.2%) (Sept ‘25: 84.7%) Positive rental reversion Average gross rental per
Slide 19: Industrial leasing activity
Industrial leasing activity Beka Candela NEW DEALS RENEWALS February February February February 2026 2025 2026 2025 Number of leases 29 31 Number of leases 28 22 Total GLA (m2) 31 227 14 804 Total GLA (m2) 17 675 9 858 Average gross rental achieved (R/m2) 51.26 47.24 Average gross rental expiry (R/m
Slide 20: Financial Update
FINANCIAL UPDATE JACQUES KRIEL CFO Access Park
Slide 21: Financial update
Financial update Expect LTV to be below 27% Fixed debt at above 60% All bank covenants expected at 31 March 2026 at 31 March 2026 to be comfortably met Total market capitilisation increased by Upper end of guided growth in distribution per B share R3.4 billion over the period of between 9% and 11% e
Slide 22: Thank You
THANK YOU Sebokeng Plaza
Slide 23: Q&A
Q&A Mala Plaza
Slide 24: www.fairvest.co.za
www.fairvest.co.za