Putprop Ltd 2021 Sustainability Report
Company: Putprop Ltd
Sector: Real estate
Country: South Africa
Year: 2021
Type: Sustainability Report
Pages: 36
The report describes Putprop's 2021 portfolio expansion to 16 properties valued at R1 056 million, alongside improved profitability despite the COVID-19 disruption. It reports profit for the year of R22.507 million and a year-end vacancy rate of 2.3%, down from 16.3% in 2020. The report also explains that the Group implemented rental deferments, discounts, hygiene measures and other actions to support tenants during the pandemic.
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