JSE specialist shopping centre REIT, Hyprop, will continue to invest in ongoing organic growth through further development of its local centres in order to capitalise on global retail and consumer trends.

Wednesday, 03 April 2019 13:19

Hyprop raises R4 billion in three months

Hyprop CEO, Morne Wilken, says the group had been confident from the outset of successfully raising or refinancing the R5 billion referenced by Moody’s.

Hyprop holds steady with sold interim growth

JSE specialist shopping centre REIT, Hyprop Investments (“Hyprop”), continued meeting strong distribution growth forecasts despite a tough economy, with a total dividend of 695,1 cents per share for the year to June 2017, up 12,1% on the prior year.

JSE specialist shopping centre REIT, Hyprop, reported strong double-digit growth in distributions for the six months to December 2016 (the period) off the back of a solid performance from the South African shopping centres, supported by the inclusion of distributable income from the newly-acquired South-Eastern European portfolio.  

Specialist shopping centre REIT, Hyprop reported double-digit growth for the year ended 30 June 2016 off the back of its defensive quality shopping centre portfolio.

Reit makes a call to the Competition Commission to address exclusivity clauses in shopping-mall leases that may be anticompetitive and restrain economic growth.

The third and final phase of Central Park, an 18 000 square metre low rise office park situated around a village green at Century City, is nearing completion.

Monday, 02 March 2009 02:00

Hyprop combined unit distribution up

Hyprop Investments has announced that its total distribution for the year ended December 31 2008 has increased by 14.1% to 308 cents per combined unit.

Friday, 20 February 2009 02:00

The Hyprop dilemma

It is not surprising that external management of property funds is so controversial. It you look at the results of Madison Property Fund Managers for December, it earned R138m from the three listed property funds it manages but it also had a second and third bite of the cherry, earning R12m in leasing fees and R14,2m in property management fees which were paid by the three property companies it already manages.

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