Preferred types of property include the following:
Retail
1. Shopping Centres
2. Stand-alone Retail Outlets
3. Neighbourhood Retail Centres
4. Strip Malls
Industrial
1. Industrial Warehouses
2. Distribution Centres
3.Logistics Facilities
Geographical Spread
As the company is situated in Johannesburg, it is easier to manage properties that are located in and around Gauteng.
However if a suitable property that met the investment criteria of the company, was situated in other provinces, then the merits and advantages of the property would be assessed. A decision would then be taken as to whether to invest there.
Areas around South Africa including the North West Province, Free State and Limpopo would also be considered as an investment destination. Smaller towns and rural areas are also strongly considered as long as the properties are trading well.
Size of Property
The size of property in gross lettable area (GLA) that Landmark is interested in acquiring is as follows:
Retail Property
2000m2 – 10 000m2 in (GLA).
Industrial Property
3000m2 – 10 000m2 in GLA
Preferred Tenant Profile
Multinational companies that are listed on the Johannesburg Stock Exchange as well as International Corporate Businesses are preferred tenants of choice.
Some of these include the likes of the following companies:
Shoprite |
Checkers |
Pick n Pay |
Boxer |
Cashbuild |
Spar |
Builders Warehouse |
Builders Express |
Builders Superstore |
Makro |
Cambridge |
Bidvest |
Nampak |
Standard Bank |
First National Bank |
Nedbank |
Absa |
Vodacom |
MTN |
Capitec |
Ackermans |
Pep |
Spur |
Steers |
Wimpy |
MacDonalds |
Mr Price |
Jet |
Edgars |
Woolworths |
JD Group |
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Banks
Banks that are willing to fund transactions, subject to their specific credit rules and criteria, are as follows:
Nedbank
Investec
Rand Merchant Bank