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.

Wednesday, 24 April 2013 15:29

Hyprop Investments to raise R1bn in bonds

Hyprop Investments, a shopping mall owner with clients including Body Shop and Timberland, wants to raise almost R1bn in bonds to reduce its debt-servicing costs.

Monday, 15 April 2013 01:17

Hyprop exits Sycom through share swap

Hyprop will acquire the 66317m² Somerset Mall from Sycom Property Fund in a share swap arrangement, allowing Hyprop to exit its 34% stake in Sycom.

Leading JSE shopping centre fund, Hyprop today announced its R2,3 billion acquisition of Somerset Mall from Sycom Property Fund ("Sycom"), in line with strategy to invest in sizeable quality shopping centres.

Thursday, 28 February 2013 08:35

Hyprop’s Distribution growth continues

Leading JSE shopping centre fund, Hyprop, reported distributions up 6,8% to 409 cents a unit for the year to December 2012

Thursday, 01 November 2012 06:13

Sycom accepts JSE censure over unit issues

Listed property unit trust Sycom Property Fund said it "accepted" the JSE’s censure regarding three general issues for cash in 2010 and 2012, for which Sycom did not obtain unitholder approval, and said it did not believe it would be in the interests of unitholders to take the matter further.

Thursday, 23 August 2012 16:10

Hyprop: Rosebank Mall and Africa focus

In a busy period Hyprop advanced its strategy of growing its asset base with the approval of the Rosebank Mall redevelopment and by expansion into Africa through an investment in Atterbury Africa

JSE premier shopping centre fund, Hyprop, is well positioned to access alternative funding markets following recent rating by Moody’s Investor Services (“Moody’s”) of national scale long-term issuer A3.za and a short-term rating of Prime-2.za.

Friday, 09 March 2012 02:00

Hyprop Investments doubts Attfund merger

Hyprop Investments for the second half of 2011 should dispel doubts about the acquisition of Attfund’s R9bn shopping centre portfolio in September last year.

Thursday, 01 March 2012 02:00

Hyprop to focus on blue-chip centres

Expanding and refurbishing shopping centres to retain their status, positive trading conditions at Canal Walk, Hyde Park, Clearwater and The Glen

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