Hyprop Investments Limited ("Hyprop")(JSE: HYP) today announced a distribution of 472 cents per combined unit for the year to June 2014 ("the year"), up 11,3% on FY 2013 and ahead of guidance previously provided by the company.
Pick n Pay intends to aggressively step up efforts to stop Massmart from expanding its food offering in Game stores across SA.
Reit makes a call to the Competition Commission to address exclusivity clauses in shopping-mall leases that may be anticompetitive and restrain economic growth.
Property leaders, Hyprop Investments Limited ("Hyprop") and Attacq Limited ("Attacq") have restructured their investment in African Land Investments ("African Land"), whereby Hyprop, through its wholly-owned subsidiary, Hyprop Mauritius,willhold 50% in Manda Hill, African Land's only asset.
Hyprop's Hyde Park Corner is set to welcome a number of leading international brands in November 2014.
Tsogo Sun continues its drive to own the hotels it manages‚ having increased its stake in the bulked-up Cullinan Hotel joint venture with Liberty Group for a net cost of
Smaller property funds are finding it difficult to compete in making acquisitions because of the increased cost of funding, this makes them targets for takeover by larger rivals.
Hyprop Investments' share price falls 4% over the past week‚ creating what some believe is a temporary buying opportunity for investors keen to share in the spoils of SA's largest shopping centres and the burgeoning consumer markets of Ghana and Zambia.
Continuing its trend of sustainable distribution growth, Hyprop Investments Limited today announced interim distribution of 231 cents per unit for the six months to December 2013, up 9,5% on the corresponding period in 2012.
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