Resilient is a Real Estate Investment Trust which has been listed on the Johannesburg stock exchange since December 2002 and it owns a portfolio of dominant regional malls and shopping centres tenanted predominantly by national retailers and most of Resilients properties are situated in non metropolitan areas also Resilient continues to develop retail centres which are both quality and yield enhancing and strict criteria are applied in evaluating target investments including the presence of at least three national anchor tenants and major national retail groups occupying in excess of 70 percent of the lettable area in addition Resilient owns a portfolio of listed property securities and the holding in listed securities is graduall.