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WATCH: How Covid relief measures weighed on Vukile

Vukile CEO Laurence Rapp talks to Business Day TV about the landlord’s financial performance

Vukile’s flagship Spanish shopping centre, the El Faro centre in Badajoz. Picture: SUPPLIED
Vukile’s flagship Spanish shopping centre, the El Faro centre in Badajoz. Picture: SUPPLIED

Lockdown measures are weighing on Vukile Property Fund. The landlord, which owns shopping malls in SA and Spain, has posted a 20% fall in annual net property income. That decline is largely due to tenant relief measures provided during the pandemic.

Business Day TV spoke to CEO Laurence Rapp.

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