Vukile Property Fund Limited announced retirement of Mr. Michael Potts from the financial director. Mr. Potts will retire as financial director on June 30, 2019. As replacement for Mr. Potts, the Company has appointed Mr. Laurence Cohen as CFO Designate with effect from March 1, 2019.

Mr. Cohen will become CFO and join the board as a director on July 1, 2019, following Mr. Potts' retirement. Mr. Cohen was previously CFO of Hyprop Investments Limited from 2003 to 2018. Mr. Cohen chaired the accounting and JSE committee of the SA REIT Association, served on the executive committee of the SA REIT Association and was instrumental in developing best practice recommendations for the SA REIT sector.