Heriot REIT Limited (JSE:HET)

Revenue by Segment

Financials in millions ZAR. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
Retail	1.23B	1.06B	326.83M	296.16M	267.06M
Retail Growth	16.79%	223.43%	10.35%	10.90%	7.43%
Industrial	242.16M	217.99M	221.43M	195.77M	158.42M
Industrial Growth	11.09%	-1.56%	13.11%	23.57%	-10.83%
Office	82.73M	31.78M	39.96M	54.61M	53.18M
Office Growth	160.30%	-20.46%	-26.84%	2.70%	7.94%
Specialised	9.78M	8.85M	8.75M	7.74M	7.74M
Specialised Growth	10.58%	1.09%	13.07%	0.04%	10.28%
Residential /Aparthotel	136.55M	68.66M	28.99M	21.18M	17.73M
Residential /Aparthotel Growth	98.89%	136.83%	36.85%	19.48%	-12.22%
Other	1.21M	1.08M	-	512.00K	-
Other Growth	11.90%	-	-	-	-
Total	1.71B	1.39B	625.96M	575.98M	504.13M
Total Growth	23.21%	121.33%	8.68%	14.25%	-0.78%

Revenue by Geography

Financials in millions ZAR. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
Limpopo	96.84M	98.57M	-	-	-
Limpopo Growth	-1.76%	-	-	-	-
Western Cape	370.56M	135.64M	-	-	-
Western Cape Growth	173.18%	-	-	-	-
Mpumalanga	75.59M	72.17M	-	-	-
Mpumalanga Growth	4.74%	-	-	-	-
North West	72.87M	66.39M	-	-	-
North West Growth	9.75%	-	-	-	-
Gauteng	898.70M	849.23M	-	-	-
Gauteng Growth	5.82%	-	-	-	-
Kwazulunatal	44.78M	40.55M	-	-	-
Kwazulunatal Growth	10.44%	-	-	-	-
Free State	26.90M	25.10M	-	-	-
Free State Growth	7.16%	-	-	-	-
Namibia	68.73M	62.13M	-	-	-
Namibia Growth	10.63%	-	-	-	-
South Africa	-	-	625.96M	575.98M	504.13M
South Africa Growth	-	-	8.68%	14.25%	-0.78%
Total	1.65B	1.35B	625.96M	575.98M	504.13M
Total Growth	22.61%	115.64%	8.68%	14.25%	-0.78%

Source: S&P Global Market Intelligence.