Question NW1502 to the Minister of Transport
11 August 2020 - NW1502
Hunsinger, Mr CH to ask the Minister of Transport
What (a) total number of individual retail opportunities currently exist in each building at each station under the custodianship of his department and the entities reporting to him and (b) is the total amount of revenue generated from each lease agreement at each specified station in each of the past three financial years?
Reply:
The table below reflects:
a) all retail and commercial opportunities currently available at stations and;
b) the total rental per year for these opportunities.
The data excludes rental on other categories such as bus billing, residential and properties not situated on a station.
Number of retail/commercial activities at PRASA stations |
Rental Generated per period |
||
Financial Year 2017/2018 |
Financial Year 2018/2019 |
Financial Year 2019/2020 |
|
493 |
R124,146,942-07 |
R133,491,335-56 |
R143,539,070-50 |