Premium Properties Limited (“Premium”) is a “property loan stock” company listed in the “Real Estate Holdings” sector on the JSE Limited (“JSE”). Premium derives its revenue from rentals received from property investments. The portfolio comprises office, retail, industrial and residential properties
The portfolio consists mainly of multi-tenanted buildings situated predominantly in the Pretoria central business district with further holdings in Hatfield, Silverton and the Johannesburg central business district. It is Premium’s policy to invest in areas of high growth, and in properties with turnaround potential or redevelopment prospects Premium has appointed City Property Administration (Pty) Ltd (“City Property”) as administrators and managers of the portfolio.