Erf Extent : 2,0231 Hectares Tenant : SG Agility Global Freight Logistics - a joint venture between Supergroup & Agility Lease Term : 5 - years with two 5-year options to renew Net Monthly Rental (1 September 2017) : R 419 052 Gross Annual Income : R 5 162 721 January 2018 - December 2018 Expenses : Triple Nett Lease Nett Income : R 5 162 721 Escalation : 8% Gross Lettable Area : 9531m2 Ave Rate PSM Sale Price : R 5 771 Ave Net Rental Rate PSM : R 45,14 Initial Yield : 10.55% % Estimated Selling Price : R 49 000 000 Remarks: SG Agility is a specialist freight forwarding company providing international air, ocean and road freight services to a diversified global customer base. SG Agility is a joint venture between Super Group and Agility. The new venture was formed after Agility acquired a minority stake in Super Group’s freight forwarding unit, Micor. Founded in 1911, Micor is one of South Africa’s oldest freight forwarding companies with over 100 years’ experience in freight
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