While SA's listed property index is set to come under pressure during the rest of the year‚ certain companies are standing out as top performers.

Waterfall Corner in Midrand, Gauteng, has been named the winner of the sought-after Spectrum Award for the best retail development, making a splash at the in the South African Council of Shopping Centre’s (SACSC) Annual Retail Design and Development Awards (RDDA).

Hyprop Investment Limited’s Gauteng-based regional shopping centre, Clearwater Mall, has tripled the generation output of its solar photovoltaic PV plant and now boasts Africa’s largest rooftop Solar PV system.

Monday, 10 November 2014 11:25

Clearwater Mall goes Green with Solar Energy

Energy efficiency at Hyprop’s Clearwater Mall is set to rise with the installation of a 500kWp solar photovoltaic plant (“PV”) which went operational last week.

Most property funds that have listed in the past two to three years have matched or outperformed investors’ expectations.

Leading JSE shopping centre REIT, Hyprop, has continued its formidable track record of strong returns with an exceptional 15% increase in total distributions for the year to 543 cents a share.

South African shopping centres are truly world-class, says Amanda Stops, CEO of the South African Council of Shopping Centres (SACSC), who believes the increase in international retailers entering the market is good for the industry and consumers.

Nedbank Property Finance has granted finance of R323 million to FPG Group for the purchase of the Cape Gate Lifestyle precinct from Hyprop, Africa’s leading specialist shopping centre Real Estate Investment Trust (REIT). 

Wednesday, 11 March 2015 10:23

Andrew Costa

Andrew Costa is the Chief Operating Officer at Accelerate property fund.

Published in Property Leader

Reporting healthy growth in returns, Hyprop Investments Limited today announced an interim dividend of 262.7 cents per share for the six months to December 2014, up 13.7% on December 2013.

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