Sandton City Shopping Centre General Statistics Sandton City vs IPD - annualised at March 2016 GLA 198 602m2 Sandton City IPD Property type Mixed-use Average rental/m2/month R422 R326 Number of shops 311 Vacancy rate (Retail) July 2016 0.4% 3.6% Parking bays 8 110 Foot traffic increase 2.0% 2.7% Spend per head R270 Cost of occupation 9.6% 9.9% 75% owned by Liberty Strategic Priorities: Differentiators: • Checkers Court and cinema level upgrade • Iconic centre with renowned brand, • Completion of Virgin Active superb location and accessibility • Leasing of Atrium on 5th • Diamond Walk luxury retail wing • First multi-storey, retro fitted, 4 star green rated build in RSA (Atrium on 5th) Nelson Mandela Square General Statistics Nelson Mandela Square vs IPD - annualised at March 2016 GLA 38 783m2 Nelson Mandela Square IPD Property type Mixed-use Average rental/m2/month R392 R232 Number of shops 61 Vacancy rate (Retail) July 2016 2.7% 1.8% Parking bays 1 923 Foot traffic increase 8.0% 2.6% Cost of occupation 9.8% 8.5% 100% owned by Liberty Strategic Priorities: Differentiators: • Refurbishment completed end of 2015 • Established centre and sentimental brand, superb loca- • In discussion with international tenants tion and accessibility • Strengthen upper level with destination retail • Market the Square for prime events e.g. African Fashion International Eastgate Shopping Centre General Statistics Eastgate Shopping Centre vs IPD - annualised at March 2016 GLA 142 825m2 Eastgate Shopping Centre IPD Property type Mixed-use Average rental/m2/month R346 R295 Number of shops 293 Vacancy rate (Retail) Jul 2016 1.8% 3.7% Parking bays 5 564 Foot traffic increase 0% 2.6% Spend per head R204 Cost of occupation 10.3% 8.9% 100% owned by Liberty Strategic Priorities: Differentiators: • Completion of Eastgate Phase 2 project • Eastgate brand • Completion of Eastgate Office Tower project • Location and accessibility • Increase foot flow and turnover • Large catchment area • Creating more stores Liberty Midlands Mall General Statistics Liberty Midlands Mall vs IPD - annualised at March 2016 GLA 55 322m2 Liberty Midlands Mall IPD Property type Retail Average rental/m2/month R202 R232 Number of shops 163 Vacancy rate (Retail) July 2016 1.3% 1.8% Parking bays 2 552 Foot traffic increase 0% 2.6% Spend per head R213 Cost of occupation 6.3% 8.5% 100% owned by Liberty Strategic Priorities: Differentiators: • Phase 3 project • Regional dominance • Executing leasing strategy • Retailer demand reducing vacancies • Location and visibility • Food and entertainment components Melrose Arch Melrose Arch GLA Breakdown Differentiators: • Mixed-use precinct Property type Mixed-use • Premium office destination & restaurant offerings Offices 108 796m2 • Accessibility and visibility • Hotels (number of rooms): Retail 42 451m2 » Fire and Ice - 197 Hotels 16 847m2 » African Pride – 118 Showroom 6 071m2 Venue & residential 4 217m2 Health Club 4 258m2 Total GLA 198 829m2 Vacancy rate (Retail) June 2016 0.9% 25% owned by Liberty Liberty Promenade Mall General Statistics Liberty Promenade vs IPD - annualised at March 2016 GLA 73 400 m2 Liberty Promenade IPD Property type Retail Average rental/m2/month R144 R232 Number of shops 162 Vacancy rate (Retail) May 2016 7.2% 1.8% Parking bays 3 108 Foot traffic increase 4.7% 2.6% Spend per head R130 Cost of occupation 4.7% 8.5% 100% owned by Liberty Strategic Priorities: Differentiators: • Leasing • Dominant centre • Attract more national retailers • Strong tenant mix • Right size retail premises • Aspirational shoppers Other Properties Standard Bank Centre Century City Office Park GLA 92 789m2 GLA 19 188m2 Parking bays 713 Parking bays 560 Grade of building A+ Grade of building A 50% owned by Liberty 100% owned by Liberty Umhlanga Office Park Botshabelo Mall GLA 20 352m2 GLA 21 300m2 Parking bays 785 Location Bloemfontein, Free State Grade of building A Completion Q4 2016 100% owned by Liberty 70% owned by Liberty Offices IPD Vacancy rate 7% 10.5%.