Redefine’s Southcoast Mall Voted The Best
JSE-listed diversified real estate investment trust Redefine Properties’ Southcoast Mall has been voted as the “Best Of South Coast” in the shopping centre category at the South Coast Herald Readers’ Choice Awards.
Standard lends Hyprop R500m
Standard Bank has affirmed its confidence in listed property group Hyprop Investments by granting the firm R500m debt that Hyprop plans to invest in completing various upgrades on Canal Walk in Cape Town and Hyde Park Shopping and The Glen Shopping Centre in Johannesburg throughout the year.
Shopping malls sustain Hyprop growth
A STRONG performance from its shopping centres and its investment in listed Sycom Property Fund helped to boost Hyprop Investment’s distributions 15,4% to 150c for the six months to June.
Hyprop reports record payout
Retail-focused Hyprop Investments reported a record 20% distributions increase for the year to December, to 270c a unit.
Hyprop Capitalises On Thriving Retail Market To Declare Another Strong Distribution
An 11,7% increase in net income from its shopping centres helped Hyprop Investments deliver another set of strong interim results for the six months to June 2007
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