Heriot was founded by Steven Herring in 1998 for the purpose of growing a property portfolio that generated sustainable long-term cash flows from blue chip tenants. Heriot’s introduction into the property market was through the industrial sector with properties underpinned by triple net, long term leases that facilitated quick growth of its asset base. Today, Heriot owns 19 industrial properties valued at R1.680 billion.
In 2003, Heriot diversified its portfolio into the retail sector with the development of a 1 500m² retail centre. Heriot now owns twelve retail centres with a GLA of 150 360m² in CBD’s, townships and rural areas that focus on the mass market, bringing shopping to the people. The centres, valued at R2.304 billion, are anchored by a high percentage of national tenants with long term leases and high trading densities that ensures the sustainability of Heriot’s cash flows.
The property portfolio further includes seven office properties, including Heriot’s head office located in the prestigious mixed-use precinct, Melrose Arch.
Company Details
- Employees
- 20
- Founded
- -
- Address
- 3 Melrose Boulevard, Suite 1 - Ground Floor,south Africa
- Industry
- Retail
- NAICS
-
Retail TradeMotor Vehicle and Parts DealersSporting Goods, Hobby, Musical Instrument, and Book StoresGeneral Merchandise StoresMiscellaneous Store RetailersNonstore RetailersProfessional and Commercial Equipment and Supplies Merchant WholesalersMiscellaneous Durable Goods Merchant WholesalersMiscellaneous Nondurable Goods Merchant WholesalersOther Motor Vehicle DealersAutomotive Parts, Accessories, and Tire StoresSporting Goods, Hobby, and Musical Instrument StoresDepartment StoresGeneral Merchandise Stores, including Warehouse Clubs and SupercentersOther Miscellaneous Store RetailersVending Machine OperatorsDirect Selling EstablishmentsRecreational Vehicle DealersMotorcycle, Boat, and Other Motor Vehicle DealersAutomotive Parts and Accessories StoresTire DealersSporting Goods StoresHobby, Toy, and Game StoresSewing, Needlework, and Piece Goods StoresPet and Pet Supplies StoresArt DealersManufactured (Mobile) Home DealersAll Other Miscellaneous Store RetailersFuel DealersOther Direct Selling EstablishmentsBoat DealersMotorcycle, ATV, and All Other Motor Vehicle DealersMusical Instrument and Supplies StoresWarehouse Clubs and SupercentersAll Other General Merchandise StoresTobacco StoresAll Other Miscellaneous Store Retailers (except Tobacco Stores)
- Website
- https://www.heriotreit.com/
- HQ
- Johannesburg, Gauteng
Heriot Properties Questions
Heriot Properties's website is https://www.heriotreit.com/
Heriot Properties's LinkedIn profile is https://za.linkedin.com/company/heriotreit
Heriot Properties has
20 employees.
View email and phone details for 20
employees at Heriot Properties.
Heriot Properties's industry is
Retail
Heriot Properties's top competitors are
Heriot Reit,
Shoecity,
Growthpoint Properties,
Texton Property Fund Ltd,
Houss Rentals,
Marder Properties (Pty) Ltd,
Inospace,
Ancora Group - Retail Property Specialists,
Alt Capital Partners,
Safari Investments Rsa Limited.
Heriot Properties's categories are Retail
Heriot Properties's founding year is 1998
