- Potential downturn impacting tenant occupancy rates
- Risk of tenant defaults and bad debts.
- Poor economic circumstances in South Africa
- National tenants downsizing, impacting occupancy rates and valuations.
- Potential alteration in demand due to demographic shifts, online migration
- Risk associated with the lack of adequate insurance coverage and cost of rectification
- Under-investment in portfolio and consequential cash flow implications
- Potential non-compliance relating to current and proposed legislation
- Risks related to breaches of contractual agreements, disputes with tenants
