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Home » Vukile Property Fund Limited (VKPPF) Discusses Portfolio Reshaping, Asset Rotation and Strategic Expansion in Pre-Close Update Transcript
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Vukile Property Fund Limited (VKPPF) Discusses Portfolio Reshaping, Asset Rotation and Strategic Expansion in Pre-Close Update Transcript

thebusinesstimes.co.ukBy thebusinesstimes.co.uk23 March 20264 Views
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Vukile Property Fund Limited (VKPPF) Discusses Portfolio Reshaping, Asset Rotation and Strategic Expansion in Pre-Close Update Transcript
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Unknown Attendee

Laurence, I think we can begin and then I’ll just let anybody else in who joins later.

Laurence Rapp
CEO & Executive Director

Right. Thank you, Louise. Good. So good morning, everybody. Sorry to keep you waiting, and thank you all for joining us for our pre-close presentation for the financial year ended 31 March 2026.

The numbers that we’re going to go through cover 11 months actuals, so pretty much what the numbers should look like when we get to full year results. This has really been a tremendously busy period for us in the last 6 months, driven by very significant dealmaking, reshaping our portfolio and at the same time, continuing with excellent delivery of operating results.

So if I look at Castellana, if we can just move to my first slide, please. If you look at Castellana, really outstanding metrics in both Spain and Portugal. Footfall is at all-time highs. The portfolio is fully occupied, and Alfonso will take us through that detail in a few slides’ time.

On the deal front, we really have been reshaping our portfolio. So there was the disposal of our retail park portfolio for EUR 279 million and to use those proceeds to go into higher-growth shopping centers, and those deals are now all announced. That was the acquisition of 100% of the sale in Longrono for EUR 103 million, 100% of Islazul for EUR 318 million and 50% of Splau in Barcelona for EUR 175 million. I will go through all of these in a lot more detail

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