Hyprop Investments (HYP) has achieved a record distribution growth for the year ended December, increasing distributable earnings per combined unit by 16.6% to 189.9 cents.

The distribution of 189.9 cents together with capital growth in unit value has yielded an excellent total return of 61% to combined unitholders.

Hyprop's prime shopping centres contributed 87% of investment property income, with 46% derived from flagship centre Canal Walk.

I-Net Bridge
 
Publisher: I-Net Bridge
Source: I-Net Bridge