The report presents Heriot's financial and operational performance, governance practices, and a range of financial and non-financial disclosures. It highlights the company's resilience in a challenging market, with a distributable earnings growth of 7.74% for the year ended June 30, 2021. The report also discusses the group's commitment to sustainability initiatives, including the installation of rooftop solar systems at four large retail properties within its portfolio to be completed within the 2022 financial year. The company's gearing and interest cover ratios of 38.8% and three times respectively are well within the banks' covenant requirements.
Issuing Company Heriot REIT Limited
Report Type Integrated Report
Report Language EN
Report Filesize 6.68 MB
No. of Pages 116 pages
Reporting periodJanuary 1, 2020-June 30, 2021
Report EditionUnknown
Assurance Provider BDO South Africa Incorporated
Reporting Standards IFRS; JSE Listings Requirements; Financial Pronouncements; o...
Materiality Assessmenttrue
