Sycom Property Fund (the Fund) is a closed end property unit trust (PUT) established in 1986. It is governed by the Collective Investment Schemes Control Act, 2002 and is listed on the JSE Securities Exchange South Africa (JSE). The Fund’s earnings are distributed in full, free of tax and unit holders consequently pay tax according to their individual tax status. The fund consists of investments in in both the retail and commercial office sectors. The retail exposure comprises investments in regional shopping centres, while the office component consists of large, well located, A-grade office buildings with predominantly large corporate tenants.