|
Operational — Focus on upgrading and enlarging our
existing portfolio; pursue appropriate acquisitions and
dispose of non-core assets
Human — Black economic empowerment and
employment equity
Financial — Fix interest rates of 80% of debt (from 70%)
and increase average period of cover to five years
(from four years)
Social and relationship — Support local communities
Intellectual — Optimal use of technology |
|
Operational — Dividend/distribution growth; shopping
centre contribution to net income; refurbishments
and expansions
Human — Key skills retention; skills development;
diversity; succession planning
Financial — Occupancy level; tenant arrears; rent
collections; cost of funding
Natural — Resource management; implement
environmental strategy (page 45)
Social and relationship — Community
development; connecting with
shoppers |
|
Operational — Turnover
densities; tenant mix; increases
in cost of occupancy
Natural — Energy, water and waste
management
Financial — Africa expansion; future growth
in South Africa
Human — Succession planning; diversity
Intellectual — Use of technology |
|
Operational — Slowing
consumer spend; increased
supply of retail space; impact of
extensions on existing operations;
cost of occupancy (municipal and
electricity tariffs); deterioration of
municipal services and administration; black
economic empowerment rating
Human — Shortage of skills; succession planning
Financial — Lack of available funding; rising interest rates;
sub-Saharan Africa: currency risk, political risk
Natural — Cost and security of electricity and water
supply; increased legislation
Intellectual — Inefficient use of technology escalates
operating costs; loss of data
New technology — Footfall; changes in technology
Material risks identified by the group in terms of
probability, as well as potential impact are set out
on pages 50 to 57. |
