{"id":8915,"date":"2026-01-29T16:41:53","date_gmt":"2026-01-29T14:41:53","guid":{"rendered":"https:\/\/sareit.co.za\/?p=8915"},"modified":"2026-01-29T16:41:53","modified_gmt":"2026-01-29T14:41:53","slug":"dipula-festive-season-trading-and-acquisitions-update","status":"publish","type":"post","link":"https:\/\/muddev.co.za\/sareit\/dipula-festive-season-trading-and-acquisitions-update\/","title":{"rendered":"Dipula festive season trading and acquisitions update"},"content":{"rendered":"

Q4 2025 TRADING UPDATE<\/strong><\/p>\n

Dipula derives approximately 70% of its income from defensively positioned retail properties, comprising centres located in township, rural and urban convenience nodes. The retail portfolio delivered a robust performance during the 2025 festive season, recording a 5% increase in turnover over the quarter ended 31 December 2024.<\/p>\n

All retail categories, except for services and hardware, reported above-inflation turnover growth ranging from 3% to 11%. The strongest growth was recorded in the cellular and electronics categories, while services turnover declined slightly by 2%.<\/p>\n

On a provincial basis, the highest turnover growth was achieved in KwaZulu-Natal and the Eastern Cape, at 10% and 8%, respectively. Limpopo recorded turnover growth of 6%. The North-West recorded growth of 4%, while Gauteng and the Free State each reported turnover growth of 3% and Mpumalanga experienced a marginal decline of 1.5%.<\/p>\n

Turnover at Dipula\u2019s urban convenience and rural centres increased by 6%, while urban township centres recorded growth of 3%.<\/p>\n

The strongest sales performance for the quarter was recorded in November 2025 as customers appear to be doing earlier festive season shopping than was previously the norm.<\/p>\n

ACQUISITIONS UPDATE<\/strong><\/p>\n

In August 2025, Dipula announced a number of acquisitions in line with its strategic objective of expanding its portfolio through the addition of well-located, high-quality industrial and convenience, township and rural retail assets. Dipula is pleased to advise that transfer of these properties was effected on the dates set out below.<\/p>\n\n\n\n\n\n\n\n\n
\n
Property <\/strong><\/h6>\n<\/td>\n
\n
Sector<\/strong><\/h6>\n<\/td>\n
\n
Geographical location<\/strong><\/h6>\n<\/td>\n
\n
Purchase consideration<\/strong><\/h6>\n
(R) <\/strong><\/h6>\n<\/td>\n
\n
GLA (m\u00b2)<\/strong><\/h6>\n<\/td>\n
\n
Purchase consideration per m\u00b2 (R\/m\u00b2)<\/strong><\/h6>\n<\/td>\n
\n
Transfer date<\/strong><\/h6>\n<\/td>\n<\/tr>\n
\n
Airborne Business Park<\/h6>\n<\/td>\n
\n
Industrial<\/h6>\n<\/td>\n
\n
Boksburg, Gauteng<\/h6>\n<\/td>\n
\n
63 000 000<\/h6>\n<\/td>\n
\n
6 964<\/h6>\n<\/td>\n
\n
9 047<\/h6>\n<\/td>\n
\n
27 August 2025<\/h6>\n<\/td>\n<\/tr>\n
\n
Bayer Distribution Centre<\/h6>\n<\/td>\n
\n
Industrial<\/h6>\n<\/td>\n
\n
Klerksdorp, North West<\/h6>\n<\/td>\n
\n
156 000 000<\/h6>\n<\/td>\n
\n
16 061<\/h6>\n<\/td>\n
\n
9 713<\/h6>\n<\/td>\n
\n
8 December 2025<\/h6>\n<\/td>\n<\/tr>\n
\n
Woolworths Gezina<\/h6>\n<\/td>\n
\n
Retail<\/h6>\n<\/td>\n
\n
Gezina, Gauteng<\/h6>\n<\/td>\n
\n
16 200 000<\/h6>\n<\/td>\n
\n
4 630<\/h6>\n<\/td>\n
\n
3 499<\/h6>\n<\/td>\n
\n
19 December 2025<\/h6>\n<\/td>\n<\/tr>\n
\n
Protea Gardens Mall<\/h6>\n<\/td>\n
\n
Retail<\/h6>\n<\/td>\n
\n
Soweto, Gauteng<\/h6>\n<\/td>\n
\n
478 100 000<\/h6>\n<\/td>\n
\n
24 141<\/h6>\n<\/td>\n
\n
19 804<\/h6>\n<\/td>\n
\n
8 January 2026<\/h6>\n<\/td>\n<\/tr>\n
\n
Total<\/strong><\/h6>\n<\/td>\n
\n
\u00a0<\/strong><\/h6>\n<\/td>\n
\n
\u00a0<\/strong><\/h6>\n<\/td>\n
\n
713 300 000<\/strong><\/h6>\n<\/td>\n
\n
51 796<\/strong><\/h6>\n<\/td>\n
<\/td>\n\n
<\/h6>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Q4 2025 TRADING UPDATE Dipula derives approximately 70% of its income from defensively positioned retail properties, comprising centres located in township, rural and urban convenience nodes. The retail portfolio delivered a robust performance during the 2025 festive season, recording a 5% increase in turnover over the quarter ended 31 December 2024. All retail categories, except […]<\/p>\n","protected":false},"author":4,"featured_media":8269,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[9],"tags":[150,35,106],"class_list":["post-8915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-members-news","tag-dipula-properties","tag-sa-reit-association","tag-trading-update"],"featured_image_src":{"landsacpe":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2025\/05\/23043_Izak-Petersen-CEO-of-Dipula-Income-Fund-scaled-1-1140x445.jpg",1140,445,true],"list":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2025\/05\/23043_Izak-Petersen-CEO-of-Dipula-Income-Fund-scaled-1-463x348.jpg",463,348,true],"medium":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2025\/05\/23043_Izak-Petersen-CEO-of-Dipula-Income-Fund-scaled-1-300x200.jpg",300,200,true],"full":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2025\/05\/23043_Izak-Petersen-CEO-of-Dipula-Income-Fund-scaled-1.jpg",2560,1707,false]},"_links":{"self":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts\/8915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/comments?post=8915"}],"version-history":[{"count":0,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts\/8915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/media\/8269"}],"wp:attachment":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/media?parent=8915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/categories?post=8915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/tags?post=8915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}