Major retail destination set to launch a new era of retail and leisure by November 2025 and July 2026.
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.
The Competition Commission approves Hyprop Investments' acquisition of Somerset Mall from Sycom Property Fund
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.
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.
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