The Competition Commission approves Hyprop Investments' acquisition of Somerset Mall from Sycom Property Fund

Wednesday, 17 July 2013 08:06

Hyprop closes in on Somerset Mall

JSE-listed Hyprop Investments (HYP) is one step closer to acquiring the Somerset Mall in the Western Cape‚ which would be one of the most significant retail transactions in the local commercial property market.

Thursday, 11 July 2013 15:18

B&B Market wins appeal against Hyprop

Appeal panel of three highly regarded judges were unanimous in deciding that Hyprop had been wrong to cancel the lease and evict B&B Market.

Hyprop has been and remains involved in litigation with B&B Market Rooftops (Pty) Ltd (“B&B”) regarding the relocation of the Sunday Rooftop Market at Rosebank Mall (“the Mall”).

Hyprop announces the passing away of property doyen, Mr Les Weil.

THE potential merger of Acucap Properties and Sycom Property Fund, the portfolio of which is managed by Acucap, "makes commercial sense".

Monday, 10 June 2013 10:14

Still no home for the Rosebank market

THE indefinite closure of Rosebank’s Sunday market since April has left the market’s almost 400 businesses "bleeding".

Redefine Properties CEO Marc Wainer retires from the board of Hyprop Investments.

In order to facilitate Hyprop's conversion to a Real Estate Investment Trust (REIT), Hyprop's financial year-end will change from 31 December to 30 June, effective 30 June 2013.

Hyprop announced a favourable restructuring of its debt facilities, with the conversion of R648 million in conventional bank loans into debt capital market (“DCM”) funding.

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