Vacancy Schedule February 2020 - FPG Property Fund

 
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Vacancy Schedule February 2020 - FPG Property Fund
Vacancy Schedule February 2020
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                               UNITS AVAILABLE: SHOP 86

                                                               SQM: 74

                                                               ASKING RENTAL: R260 / M2

                                                               AVAILABILITY: FEBRUARY 2020

                                                               PROPERTY TYPE: RETAIL

                                                               TOTAL GLA: 38 046 M2

                                                               SUBURB: BRACKENFELL

                                                               SUITABLE TENANT: HEALTH CARE,
                                                               NATIONAL CLOTHING,
         BRACKENFELL                                           SPECIALITY SERVICE / TAKE-
                                                               AWAY FOOD OUTLET
        HYPER CENTRE
                                                               EXTRA INFORMATION: THE
                                                               GROWING SELECTION OF
                                                               TENANTS HAS MADE SHOPPING
                                                               FOR THE COMMUNITY A WHOLE
                                                               LOT EASIER AND IN TURN THE
                                                               PERFECT DESTINATION.

  LOCATED IN THE HEART OF CAPE TOWN'S NORTHERN SUBURBS OFFERING CUSTOMERS THE ULTIMATE
LIFESTYLE SHOPPING EXPERIENCE. ANCHORED BY PICK 'N PAY HYPERMARKET, FOOD LOVER'S MARKET, MR
  PRICE, THE FIX AND CLICKS. WITH EASY ACCESS FROM THE N1 HIGHWAY, FREE PARKING AND 24-HOUR
                  SECURITY, CONVENIENCE SHOPPING HAS BEEN MADE JUST SO EASY.
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                               UNITS AVAILABLE: SHOP 15B

                                                               SQM: 737

                                                               ASKING RENTAL: R160 / M2

                                                               AVAILABILITY: MARCH 2020

                                                               PROPERTY TYPE: RETAIL

                                                               TOTAL GLA: 17 619 M2

                                                               SUBURB: BELVILLE

                                                               SUITABLE TENANT: UPMARKET
                                                               DEPARTMENT STORE
       WILLOWBRIDGE
       VILLAGE                                                 ANCHORS: CHECKERS, FOOD
                                                               LOVERS AND BUILDERS
                                                               WAREHOUSE

THIS STRATEGICALLY LOCATED RETAIL CENTRE ENJOYS HIGH VOLUME FOOT TRAFFIC AND IS ANCHORED BY
 CHECKERS AND FOOD LOVERS MARKET BEING WITHIN THE TYGERVALLEY WATERFRONT PRECINCT AND IS
 IDEALLY LOCATED IN CLOSE PROXIMITY TO HIGH DENSITY COMMERCIAL OFFICES AND THE TYGERVALLEY
  SHOPPING CENTRE WITH THE ADDED BONUS OF BEING CLOSE TO THE N1 AND THE TYGERVALLEY CBD.
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                                UNIT AVAILABLE: SHOP 2

                                                                SQM: 488

                                                                ASKING RENTAL: R165 / M2

                                                                AVAILABILITY: JANUARY 2020

                                                                PROPERTY TYPE: RETAIL

                                                                TOTAL GLA: 7 199 M2

                                                                SUBURB: GOODWOOD

                                                                SUITABLE TENANT: MOTOR
                                                                DEALERSHIP, MOTOR VEHICLE
         N1 MOTOR CITY                                          HIRE OR MOTORCYCLE
                                                                ACCESSORIES AND AUTO PART
                                                                DISTRIBUTORS

                                                                ANCHORS: LAND ROVER,
                                                                HYUNDAI AND JAGUAR

STRATEGICALLY POSITIONED IN THE N1 CITY PRECINCT, THIS SITE IS STATIONED IN ONE OF THE VEHICLE
                                 SALES HUBS IN CAPE TOWN.
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                                 UNITS AVAILABLE: SHOP 52

                                                                 SQM: 359

                                                                 ASKING RENTAL: R160 / M2

                                                                 AVAILABILITY: AUGUST 2020

                                                                 PROPERTY TYPE: RETAIL

                                                                 TOTAL GLA: 16 822 M2

                                                                 SUBURB: GOODWOOD

                                                                 SUITABLE TENANT: STRONG
                                                                 DESTINATION STORE
       N1 VALUE CENTRE
                                                                 ANCHORS: DIS-CHEM, PRO SHOP,
                                                                 DEALZ, PETWORLD XXL

STRATEGICALLY POSITIONED IN THE N1 CITY PRECINCT, THE CENTRE IS EASILY ACCESSIBLE AND VISIBLE
                                   ON THE N1 HIGHWAY.
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                               UNIT AVAILABLE: OFFICE 301

                                                               SQM: 132.03

                                                               ASKING RENTAL: R125 / M2

                                                               AVAILABILITY: IMMEDIATELY

                                                               PROPERTY TYPE: RETAIL & OFFICE

                                                               TOTAL GLA: 5 793 M2

                                                               SUBURB: CLAREMONT

                                                               SUITABLE TENANT: MEDICAL
            BUCHANAN                                           PRACTICE, BROKERAGE &
            CHAMBERS                                           UPMARKET OFFICE

                                                               EXTRA INFORMATION: VIEW OF
                                                               TABLE MOUNTAIN WITH NEWLY
                                                               INSTALLED LAMINATED
                                                               FLOORING IN THE OFFICE, NEXT
                                                               DOOR TO COMMUNAL
                                                               BATHROOM

BUCHANAN CHAMBERS IS A MIXED-USE RETAIL/OFFICE BUILDING SITUATED IN THE HEART OF CLAREMONT,
      CAPE TOWN. ANCHORED BY THE FOSCHINI GROUP, RODEO SPUR STEAK RANCH AND STBB.
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                              1) UNIT AVAILABLE: 25A

                                                              SQM: 140

                                                              ASKING RENTAL: R180 / M2

                                                              AVAILABILITY: ONE MONTHS NOTICE

                                                              2) UNIT AVAILABLE: SHOP 4

                                                              SQM: 225

                                                              ASKING RENTAL: R280 / M2

                                                              AVAILABILITY: ONE MONTHS NOTICE

                                                              PROPERTY TYPE: RETAIL
           LAGUNA MALL                                        TOTAL GLA: 19 000 M2
          IN LANGEBAAN
                                                              SUBURB: LANGEBAAN

                                                              SUITABLE TENANT: BRANDED STORES,
                                                              RESTURANT, HEALTH SHOP, LOCKSMITH,
                                                              FOOTWEAR & CLOTHING

LAGUNA MALL IS A ONE-STOP DESTINATION OFFERING AN ALL YEAR-ROUND SHOPPING EXPERIENCE IN A
  SAFE AND SHELTERED ENVIRONMENT. CATERING TO THE BROADER MARKET, CUSTOMERS CAN LOOK
FORWARD TO A GREATER VARIETY WITH WOOLWORTH, CHECKERS, PICK 'N PAY AND BRIGHTS HARDWARE.
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                              1) UNIT AVAILABLE: UL04

                                                              SQM: 100

                                                              ASKING RENTAL: R180 / M2

                                                              AVAILABILITY: IMMEDIATELY

                                                              2) UNIT AVAILABLE: 002

                                                              SQM: 44

                                                              ASKING RENTAL: R325 / M2

                                                              AVAILABILITY: IMMEDIATELY

                                                              PROPERTY TYPE: RETAIL

                                                              TOTAL GLA: 20 316 M2

          CAPE GATE                                           SUBURB: BRACKENFELL

      LIFESTYLE CENTRE                                        SUITABLE TENANT: REAL ESTATE, HEALTH
                                                              SERVICE AND OPTOMETRIST

CAPE GATE LIFESTYLE CENTRE IS STRATEGICALLY SITUATED OFF OKAVANGO ROAD AND OPPOSITE THE
CAPE GATE SHOPPING CENTRE MALL. ANCHORED BY SPAR, BUILD IT AS WELL AS VIRGIN ACTIVE. WITH A
  STRONG FOCUS ON VALUE SHOPPING THE ONE-LEVEL CONVENIENCE CENTRE OFFERS AMPLE FREE
                               PARKING AND 24 HOUR SECURITY.
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                           1) UNIT AVAILABLE: SUITE C
     CAPE GATE DECOR
         CENTRE                                            SQM: 119

                                                           ASKING RENTAL: R130 / M2

                                                           AVAILABILITY: MAY 2020

                                                           2) UNIT AVAILABLE: SUITE A

                                                           SQM: 815

                                                           ASKING RENTAL: R120 / M2

                                                           AVAILABILITY: 4 MONTHS NOTICE

                                                           3) UNIT AVAILABLE: SUITE H

                                                           SQM: 47

                                                           ASKING RENTAL: R155 / M2

                                                           AVAILABILITY: JULY 2020

 CAPE GATE LIFESTYLE CENTRE IS STRATEGICALLY SITUATED OFF OKAVANGO ROAD AND OPPOSITE THE
CAPE GATE SHOPPING CENTRE MALL. THESE COMMERCIAL OFFICES ARE LOCATED WITHIN THE VIBRANT
CAPE GATE DECOR CENTRE AND IS THE IDEAL LOCATION FOR TENANTS SEEKING A PRESENCE CLOSE TO
                               MANY OF THE BLUE CHIP RETAILERS.
                              SUITABLE TENANT: UPMARKET OFFICE
                                        GLA: 7 083 M2
Vacancy Schedule February 2020 - FPG Property Fund
INFORMATION

                                                            1) UNIT AVAILABLE: SHOP 21/22

                                                            SQM: 73

                                                            ASKING RENTAL: R500 / M2

                                                            AVAILABILITY: IMMEDIATELY

                                                            2) UNIT AVAILABLE: SUITE 103

                                                            SQM: 40

                                                            ASKING RENTAL: R210 / M2

                                                            AVAILABILITY: MARCH 2020

                                                            PROPERTY TYPE: RETAIL & OFFICE

                                                            TOTAL GLA: 2 750 M2

                                                            SUBURB: CLAREMONT
          PALMYRA
                                                            SUITABLE TENANT: UPMARKET
          JUNCTION                                          RESTAURANT PREFERABLY OFFERING
                                                            NIGHT TIME TRADE

 PALMYRA JUNCTION IS A UNIQUE URBAN DESTINATION IN THE HEART OF CLAREMONT THAT OFFERS A
RELAXED, UPMARKET AND CONVENIENT PLACE TO SHOP AND MINGLE. THE GROUND FLOOR IS HOME TO
WOOLWORTHS FOOD, KNEAD BAKERY AND A SELECTION OF SPECIALIST SHOPS OFFERING UNIQUE GIFTS,
   BOOKS AND JEWELLERY. THE FIRST FLOOR IS DEDICATED TO PREMIUM OFFICE STUDIOS OFFERING
                              VARIOUS PROFESSIONAL SERVICES.
INFORMATION
       RONDEBOSCH
          MAIN                                             1) UNIT AVAILABLE: SHOP 14D

                                                           SQM: 107

                                                           ASKING RENTAL: R260 / M2

                                                           AVAILABILITY: IMMEDIATELY

                                                           2) UNIT AVAILABLE: SHOP 27

                                                           SQM: 50

                                                           ASKING RENTAL: R200 / M2

                                                           AVAILABILITY: 1 APRIL 2020

                                                           PROPERTY TYPE: RETAIL

                                                           TOTAL GLA: 6864 M2

                                                           SUBURB: RONDEBOSCH

                                                           SUITABLE TENANT: HEALTH SHOP,
                                                           HAIR SALON AND
                                                           SUPPLEMENT STORE / DOCTOR, DENTIST OR
                                                           PHYSIOTHERAPIST

                                                           EXTRA INFORMATION: MONTHLY
                                                           PARKING AT A MINIMUM CHARGE
                                                           OF
                                                           R550 PER MONTH

RONDEBOSCH MAIN IS CENTRALLY LOCATED ON MAIN ROAD RONDEBOSCH NEAR TO THE UCT CAMPUS.
  THIS CONVENIENCE SHOPPING CENTRE OFFERS SECURE COVERED PARKING WITH A WIDE RANGE OF
      STORES SUCH AS PICK 'N PAY, CLICKS, KAUAI, NANDO'S, MC DONALDS, NEDBANK AND KFC.
INFORMATION

     SOMERSET SQUARE                                           1) UNIT AVAILABLE: STOREROOM

                                                               SQM: 70

                                                               ASKING RENTAL: R50 / M2

                                                               AVAILABILITY: IMMEDIATELY

                                                               2) UNIT AVAILABLE: SHOP 16A

                                                               SQM: 75

                                                               ASKING RENTAL: R215 / M2

                                                               AVAILABILITY: IMMEDIATELY

                                                               PROPERTY TYPE: RETAIL

                                                               TOTAL GLA: 6 000 M2

                                                               SUBURB: SOMERSET WEST

                                                               SUITABLE TENANT: STORAGE,
                                                               REAL ESTATE, HEALTH SERVICES,
                                                               BEAUTY AND LAUNDROMAT

SERVING THE LOCAL SOMERSET WEST COMMUNITY FOR OVER 35 YEARS, THE CENTRE IS ANCHORED BY
CHECKERS WITH OTHER NATIONAL TENANTS SUCH AS SHEET STREET, CASH CRUSADERS, CRAZY STORE
                                AND OTHER LINE SHOPS.
INFORMATION

       STRAND SQUARE                                           1) UNIT AVAILABLE: SHOP 04

                                                               SQM: 330

                                                               ASKING RENTAL: R180 / M2

                                                               AVAILABILITY: APRIL 2020

                                                               2) UNIT AVAILABLE: SHOP 03

                                                               SQM: 39

                                                               ASKING RENTAL: R345 / M2

                                                               AVAILABILITY: ONE MONTHS NOTICE

                                                               PROPERTY TYPE: RETAIL

                                                               TOTAL GLA: 5 933 M2

                                                               SUBURB: STRAND

                                                               SUITABLE TENANT: HEALTH SHOP,
                                                               FOOTWEAR AND FAST FOODS

                                                               EXTRA INFORMATION: FREE PARKING
                                                               FOR SHOPPERS AND TENANTS AND
                                                               IDEALLY POSITIONED
                                                               AMONG ANCHORS

CENTRALLY LOCATED IN STRAND, THE CENTRE UNDERWENT A R6 MILLION FACELIFT IN 2013. THE MODERN
CENTRE NOW OFFERS A WIDE RANGE OF NATIONAL TENANTS SUCH AS PICK 'N PAY GROCERY, PICK 'N PAY
      CLOTHING, WIMPY, PEP, MTN, PNA STATIONERS, CAPITEC BANK, CLICKS AND CRAZY STORE.
INFORMATION

    STELMARK CENTRE                                           1) UNIT AVAILABLE: SHOP 8

                                                              SQM: 78

                                                              ASKING RENTAL: R210 / M2

                                                              AVAILABILITY: ONE MONTHS NOTICE

                                                              2) UNIT AVAILABLE: SHOP 8B

                                                              SQM: 87

                                                              ASKING RENTAL: R292 / M2

                                                              AVAILABILITY: 1 APRIL 2020

                                                              3) UNIT AVAILABLE: SHOP 3

                                                              SQM: 165

                                                              ASKING RENTAL: R240 / M2

                                                              AVAILABLE: 1 JUNE 2020

                                                              PROPERTY TYPE: RETAIL
  SITUATED IN THE HEART OF STELLENBOSCH CENTRAL. THIS BUSY    TOTAL GLA: 5 722 M2
                                                              SUBURB: STELLENBOSCH
     CONVENIENCE CENTRE LOCATED ON MERRIMAN AVENUE IS
                                                              SUITABLE TENANT: BARKSOLE,
ANCHORED BY PICK 'N PAY WITH OTHER NATIONAL LINE SHOPS SUCH   BRANDED CLOTHING. LOAN CENTRE,
  AS CRAZY STORE, CASH CRUSADERS, HUNGRY LION AND CAPITEC     FOOD OUTLET, LOCKSMITH

                            BANK
INFORMATION

    BOTHASIG MALL                                       UNIT AVAILABLE: SHOP 2A

                                                        SQM: 124.2

                                                        ASKING RENTAL: R180 / M2

                                                        AVAILABILITY: IMMEDIATELY

                                                        PROPERTY TYPE: RETAIL

                                                        TOTAL GLA: 11 967 M2

                                                        SUBURB: MILNERTON

                                                        SUITABLE TENANT: HEALTH CARE,
                                                        NATIONAL CLOTHING, SPECIALITY
                                                        SERVICE / TAKE-AWAY FOOD OUTLET

  SITUATED IN THE HEART OF BOTHASIG WITH EASY ACCESS TO THE SURROUNDING AREAS OF
EDGEMEAD, BURGUNDY ESTATE AND MONTAGUE GARDENS. ANCHORED BY SHOPRITE AND BUILD
    IT. THIS CENTRE OFFERS CUSTOMERS EASY ACCESS, FREE PARKING AND 24HR SECURITY.
INFORMATION

            KUILSRIVER                                              1) UNIT AVAILABLE: STOREROOM 4

                                                                    SQM: 134

                                                                    ASKING RENTAL: R6 000 PER MONTH

                                                                    AVAILABILITY: IMMEDIATELY

                                                                    2) UNIT AVAILABLE: SHOP 5

                                                                    SQM: 170

                                                                    ASKING RENTAL: R120 /M2

                                                                    AVAILABILITY: 1 AUGUST 2020

                                                                    PROPERTY TYPE: RETAIL

                                                                    TOTAL GLA: 1 799 M2

                                                                    SUBURB: KUILSRIVER

                                                                    SUITABLE TENANT: BED SHOP, HEALTH
                                                                    SHOP. FAST FOODS, CLOTHING
                                                                    OUTLET
LOCATED ON VAN RIEBEEK ROAD IN KUILSRIVER OPPOSITE A PICK 'N PAY.
                                                                    EXTRA INFORMATION: AMPLE FREE
                                                                    PARKING AVAILABLE FOR BOTH
                                                                    TENANTS AND VISITORS
INFORMATION

  MAGNUM PARK                                  1) UNIT AVAILABLE: UNIT 4

                                               SQM: 643

                                               ASKING RENTAL: R60 M2

                                               AVAILABILITY: FEBRUARY 2020

                                               2) UNIT AVAILABLE: UNIT 2

                                               SQM: 210

                                               ASKING RENTAL: R65 / M2

                                               AVAILABILITY: 1 APRIL 2020

                                               3) UNIT AVAILABLE: UNIT 7

                                               SQM: 302

                                               ASKING RENTAL: R65 M2

                                               AVAILABILITY: 1 OCTOBER 2020

INDUSTRIAL COMPLEX IN BOFORS CIRCLE, EPPING.
                                               PROPERTY TYPE: INDUSTRIAL

                                               TOTAL GLA: 3 892 M2

                                               SUBURB: EPPING

                                               SUITABLE TENANT: MANUFACTURING,
                                               ENGINEERING, STORAGE, SHOP-
                                               FITTING, SIGNAGE, PACKAGING AND
                                               DISTRIBUTION

                                               EXTRA INFORMATION: 24 HOUR
                                               SECURITY, 6 VISITOR BAYS AND
                                               100AMPS, 3 PHASE
INFORMATION

  BATTERY PARK                                 UNIT AVAILABLE: UNIT 2

                                               SQM: 362

                                               ASKING RENTAL: R19 910

                                               AVAILABILITY: IMMEDIATELY

                                               PROPERTY TYPE: INDUSTRIAL

                                               TOTAL GLA: 3 892 M2

                                               SUBURB: EPPING

                                               SUITABLE TENANT:
                                               MANUFACTURING, ENGINEERING,
                                               STORAGE, SHOP-FITTING, SIGNAGE,
                                               PACKAGING AND DISTRIBUTION

                                               EXTRA INFORMATION: 24 HOUR
                                               SECURITY, 6 VISITOR BAYS AND
                                               100AMPS, 3 PHASE

INDUSTRIAL COMPLEX IN BOFORS CIRCLE, EPPING.
INFORMATION

                                                              UNIT AVAILABLE: UNIT 8

                                                              SQM: 213

                                                              ASKING RENTAL: R14 910 PER MONTH

                                                              AVAILABILITY: FEBRUARY 2020

                                                              PROPERTY TYPE: INDUSTRIAL

                                                              TOTAL GLA: 3 088 M2

           MINI UNITS                                         SUBURB: PAROW
        CONNAUGHT ROAD
                                                              SUITABLE TENANT: STORAGE,
                                                              DISTRIBUTION AND WHOLESALE
                                                              OUTLETS

                                                              EXTRA INFORMATION: THE UNITS HAS
                                                              THE FOLLOWING FEATURES: ROLLER
                                                              SHUTTER DOOR, SMALL RECEPTION
                                                              AREA, 3 PHASE, 60 AMPS

  MINI WAREHOUSE UNITS TO LET IN BEACONVALE. THE UNITS ARE SITUATED ON THE CORNER OF JAN
SMUTS AND CONNUAGHT ROAD. THERE ARE 17 UNITS WITHIN THE PARK, HOUSING BUSINESS TYPES SUCH
AS RECYCLING, MECHANICAL AND WHOLESALE OUTLETS. THE PARK HAS A SECURITY GUARD ON SITE. THE
           PARK IS CLOSE TO THE PAROW TRAIN STATION AND OTHER PUBLIC TRANSPORT.
                   THE N1 AND N2 IS EASY ACCESSIBLE VIA JAN VAN RIEBEEK DRIVE.
INFORMATION

                                          1) UNIT AVAILABLE: SHOP 5

                                          SQM: 60

                                          ASKING RENTAL: R220 / M2

                                          AVAILABILITY: IMMEDIATELY

                                          2) UNIT AVAILABLE: SHOP 10

                                          SQM: 50

                                          ASKING RENTAL: R285 / M2

                                          AVAILABLE: IMMEDIATELY

                                          3) UNIT AVAILABLE: SHOP 1
STEENBERG CENTRE
                                          SQM: 29

                                          ASKING RENTAL: 7 500 EX VAT

                                          AVAILABILITY: IMMEDIATELY

  RETAIL CONVENIENCE CENTRE SITUATED IN   PROPERTY TYPE: RETAIL

   BUSTLING MILITARY ROAD, STEENBERG,     TOTAL GLA: 3 513 M2
     ANCHORED BY SHOPRITE CHECKERS.       SUBURB: STEENBERG

                                          SUITABLE TENANT: HAIR SALON, MOTOR
                                          SPARES AND ACCESSORIES, FOOD & LOAN
                                          CENTRE
INFORMATION

                                                             UNIT AVAILABLE: SHOP 4A

                                                             SQM: 131

                                                             ASKING RENTAL: R150 / M2

                                                             AVAILABILITY: POSSIBLE SUB-DIVISION

                                                             PROPERTY TYPE: RETAIL

                                                             TOTAL GLA: 3 110 M2

                                                             SUBURB: PAROW AND EPPING

                                                             SUITABLE TENANT: HAIR SALON,
          CRAVENBY                                           MOTOR SPARES AND LOAN CENTRE

                                                             EXTRA INFORMATION: LARGE PARKING
                                                             LOT OUTSIDE THE MALL ADDS TO THE
                                                             APPEAL OF THIS CONVENIENTLY
                                                             LOCATED CENTRE

CRAVENBY IS A REASONABLY SIZED SHOPPING CENTRE WITH LARGE SPACES AVAILABLE TO LET AND IS
 ANCHORED BY SHOPRITE. IT IS WELL SITUATED BETWEEN EPPING AND PAROW INDUSTRIAL, RIGHT
                                 BETWEEN THE N1 AND N2.
GAUTENG
INFORMATION

                                                        1) UNIT AVAILABLE: STOREROOM S1

                                                        SQM: 6.00

                                                        ASKING RENTAL: R1 000 / M2

                                                        AVAILABILITY: IMMEDIATELY

                                                        2) UNIT AVAILABLE: SHOP 1

                                                        SQM: 44

                                                        BASIC RENTAL: R302.50 / M2
      WATERMEYER PARK                                   AVAILABILITY: ONE MONTHS NOTICE

                                                        PROPERTY TYPE: RETAIL

                                                        TOTAL GLA: 5 883 M2

                                                        SUBURB: PRETORIA
   WATERMEYER PARK IN VAL DE GRACE, PRETORIA IS A
 NEIGHBOURHOOD CONVENIENCE CENTRE. ANCHORED BY          SUITABLE TENANT: HARDWARE,
                                                        RESTUARANT, PET STORE, DOCTOR,
WOOLWORTHS FOOD, VIRGIN ACTIVE AND CLICKS. THERE IS A   DENTIST
STRONG FOOTFALL WITH MID-HIGH LSM CONSUMERS IN AN
                                                        EXTRA INFORMATION: LOCATED IN A
                ESTABLISHED AREA.                       BUSY AREA WITH STRONG HISTORY OF
                                                        PERFORMANCE
FPG PROPERTY FUND – BROKER MANDATE:
                                                        TERMS & CONDITIONS

• No verbal introductions or letters of introduction will be recognized. Only a submitted Offer to Lease will constitute effective cause.
• All amounts quoted exclude VAT.
• No agent boards to be erected at properties without prior consent in writing
• No advertising will be allowed on any social media or other electronic platform without the prior written consent of FPG Property Fund
• Whereas every effort has been made to ensure that the contents of the vacancy schedule are correct, FPG Property Fund does not accept
any responsibility or liability whatsoever for incorrect information which may appear herein. The contents hereof are subject to change
without prior notice
                                                           PAYMENT OF COMMISSION

• The Broker must be the “effective cause” of the transaction for commission to become due and payable. To prove that the Broker was the
“effective cause” of the transaction, it must be established that the Broker’s efforts were the decisive factor that triggered the transaction.
The evidence of the Broker’s efforts would be an approved offer, and a signed lease obtained by the Broker.
• To the extent that any dispute arises in respect of this Mandate, such dispute will be referred to the Landlord’s legal advisor and the legal
advisor’s decision will be final and binding.
• Commission is payable on basic rental only, subject to the following conditions having been met:
o Lease and other documentation signed by all parties
o Deposits, bank guarantees, lease fees and 1st month’s rental paid
o All lease suspensive conditions have been fulfilled
o All FICA documentation received
o Tenant has taken occupation of the premises
• For deals of 1 to 3 years commission is calculated on the following guidelines-:
o 5% on the first year’s rental (or part thereof)
o 5% on the second year’s rental
o 2.5% on the third year’s rental
• If an Agreement of Lease has a term of more than three (3) years, we reserve the right to negotiate the commission depending on
variables relating to each transaction.
• If an Agreement of Lease contains a ‘get-out’ clause, commission will be payable for the duration of lease up to the get out clause, the
balance may be claimed only if the tenant elects to continue with the lease (this clause must be read in conjunction with the
aforementioned condition).
• Commission is not payable on renewals, rent free periods, options and additional space leased by the Lessee or any sale by the Lessor to
the Lessee.
• All rentals quoted exclude marketing contribution and rates and taxes.

                                                    ERRORS AND OMISSIONS EXCEPTED
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