Equites Property Fund Limited and Eskom Pension and Provident Fund will establish a joint venture company ("JVCo" or "Purchaser") in which Equites will subscribe for 51% of the share capital and EPPF will subscribe for the remaining 49%; Equites' total equity contribution to the JVCo will be ZAR 732 million; the JVCo and the Tenant will conclude a long-term "double net" lease agreement in respect of the DSV Campus ("Lease Agreement").