16 Jul - 2 min read

Voluntary update on the impact of unrest on Delta's eThekwini assets

Voluntary update on the impact of unrest on Delta's eThekwini assets

Delta Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/005129/06)
Share code: DLT ISIN: ZAE000194049
(“Delta” or “the Company”)
REIT status approved


Shareholders are advised that the current incidents of civil unrest, widespread
looting, and vandalism, particularly in the eThekwini CBD, has impacted five of
Delta’s assets, being Delta Towers, Liberty Towers, 88 Field Street, Pine
Parkade and Treasury House (Pietermaritzburg).

Damage primarily relates to broken shopfronts on the ground floor level of these
assets with the corporate offices not impacted. Delta is engaging with its
tenants and insurance providers to quantify the extent of the damage.

All assets remain closed to ensure tenant and staff safety, with additional
private security personnel deployed.

The Company is engaging with insurance providers to ensure our retail tenants
can reopen as soon as possible.     Management is engaging with the relevant
authorities and its tenants on the safe reopening of its assets.

No damage has been reported to any of Delta’s other assets in other regions.

The Company will continue to update the market as appropriate.

16 July 2021

Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Investor Relations
Morne Reinders +27 (0)82 480 4541

Date: 16-07-2021 12:00:00
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