Exemplar REITail Limited spent its #67minutes with the children and elders of Dimphonyana Tsa Lapeng, an NGO that holds a place close to the heart of one of the Shopping Centres in our portfolio, Olievenhout Plaza.
Twenty team members from Head Office visited the care centre for orphans and underprivileged teenagers to help repaint and repair the living areas and classrooms. Geyser repairs, cracks and water proofing issues were also addressed by the Exemplar team. In addition, a number of elders in the community each received a warm meal and blanket.
Between the 20 centres in the Exemplar portfolio, over R370 000 was donated to local communities in honour of Mandela Day.
Diepkloof Square recognised the importance of reading and education by hosting a book drive. Customers and tenants alike were invited to donate in addition to the packs of books that were donated by the Mall.
Kwagga Mall, worked with the Public Protector and donated R50 000 worth of cupboards and shelving to Mkhephuli Secondary School in Kwaggafontein C, Mpumalanga.
Initiatives by other Malls included the donation of 200 ‘Dignity Packs’ (made up of toiletry necessities), the hosting of soup kitchens, blanket donations and assisting with improvements to local schools/old age homes.
Recently listed on the JSE, Exemplar REITail is the only real estate investment trust to focus purely on emerging market retail and offers investors a new and fresh investment option in a particularly defensive sector of the real estate market.