Thibault Holdings Ltd · 4THI.4AX

Thibault Holdings Limited, formerly Thibault REIT Limited, is a South African property holding and investment company with exposure to retail, commercial and residential real estate. Its portfolio includes One Thibault, a mixed-use asset in Cape Town's central business district, and retail centres such as Sun Valley Mall, 14th Avenue District Shopping Center and Helderberg Center. The company's strategy is to acquire and develop a diversified portfolio of yield-enhancing, predominantly Cape-based properties that can provide secure rental income growth and cash-flow escalation. Business performance depends on tenant quality, occupancy, lease renewals, rental escalations, property operating costs, funding costs and demand in Cape Town and surrounding retail and mixed-use property markets. The company offers listed exposure to a focused South African property portfolio with income and redevelopment potential.