Wednesday, 27 November 2013 10:09

Hyprop acquires 87% in african land investments

Hyprop Investments Limited today announced that it reached agreement with African Land Investments to acquire 87% of the issued shares in African Land for a consideration of R768m.

Wednesday, 13 November 2013 12:55

Short-term risks dampen listed property sector

There was very little in the way of positive news for investors in South Africa's listed property sector for the week ended 9 November 2013 and the US jobs report of last Friday has placed the sector firmly on the back foot.

Hyprop successfully issues R450 million unsecured 6-year bond

Redefine Properties acquires an additional 139.782-million Fountainhead units from various unit-holders in return for 15.376-million Hyprop units.

Monday, 21 October 2013 23:15

Fountainhead takeover delayed

It will probably take at least another 12-24 months before Redefine Properties achieves its ultimate goal of a full takeover of Fountainhead Property Trust’s R11,1bn portfolio.

Hyprop announces the opening of several leading international brands across its portfolio.

Former Rooftop Market will continue pursuing legal action against Rosebank Mall owner Hyprop Investment, despite its permanent relocation from Rosebank to Norwood Mall.

Friday, 13 September 2013 20:44

US3bn Retail Developments under way in Africa

Three years ago only a handful of formal shopping centres were scattered across Africa, now developers are starting to flow into new retail-focused projects.

Retail-focused property loan stock company Hyprop reports a 7.6% rise in total distributions to 213c per combined unit for the six months ended June.

Reshaping of Rosebank's skyline is gathering pace as listed property funds‚ private investors and financial institutions continue to pour millions of rand into Gautrain-driven development opportunities.

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