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Last update
07 May 2024
aReit Prop Limited · APOJ.J
aReit Prop Limited is a South Africa-based property investment holding company. The Company holds a portfolio of three properties, two in the hospitality sector and one in the medical sector, with a total gross leasable area (GLA) of 22261 square meters. Its properties include Cresta Grande Hotel, Fountains Hotel and Lady Hamilton. Cresta Grande Hotel is a four-star hotel facility with panoramic views of the City of Cape Town, Table Mountain, Lions Head, and the harbor. The hotel offers about 242 superior and deluxe rooms spread across 18 floors. Fountains Hotel operates as a four-star hotel, comprising about 11 floors offering a total of 160 rooms.
Fundamentals
| Metric (ZAR, M) | 2022 2022 | 2021 2021 |
|---|---|---|
| Revenue Total Revenue | 65 | |
| EBITDA | — | |
| EBIT | 64 | |
| Net income Net Income | 40 | |
| Operating margin | 97% | |
| Net margin | 60% |