In one of the largest real estate transactions in Africa over the past year, Lango Real Estate Limited has agreed to acquire the Africa (ex-South Africa) retail real estate portfolio ultimately owned by JSE-listed REITs Hyprop Investments Limited and Attacq Limited.

Hyprop Investments Limited (Hyprop) will list its shares for trade on A2X Markets from 7 December 2022.

Hyprop, which manages dominant retail centres in mixed-use precincts in key economic nodes in South Africa (SA), Eastern Europe (EE) and sub-Saharan Africa (SSA), said in a pre-close update to the market that its current consolidated loan-to-value (LTV) is circa 40%, down from a historic 47%.

Hyprop Investments Limited (Hyprop) is pleased to announce it has concluded an agreement with Hystead to acquire the remaining four assets within the Hystead Eastern European (EE) portfolio.

Hyprop announced that SOKO District will open its doors at Rosebank Mall on Friday 30 July 2021.

Hyprop, the retail-focused REIT with a R45.4 billion portfolio of shopping centres in South Africa, Eastern Europe and sub-Saharan Africa, improved its distributable income by 18% in the six months to 31 December 2020 compared with the six months to 30 June 2020.

Hyprop, the retail-focused REIT with a R45.4 billion portfolio of shopping centres in South Africa, Eastern Europe and sub-Saharan Africa, improved its distributable income by 18% in the six months to 31 December 2020 compared with the six months to 30 June 2020.

Hyprop, a retail-focused REIT listed on the JSE, today reported annual results demonstrating management is navigating successfully through very uncertain times.

Shoppers at Rosebank Mall in Johannesburg can look forward to a world-class supermarket in the fourth quarter of this year when Checkers will open the doors to one of its high-end stores in the ground floor space recently vacated by Edgars.

Hyprop, a retail-focused REIT listed on the JSE, today reported interim results that demonstrates progress in implementing the Company’s new strategy.