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ABOUT US

We create safe environments and opportunities for people to connect and have meaningful and authentic experiences.

Hyprop is a retail focused REIT, owning and managing a c. R42 billion portfolio of mixed-use precincts underpinned by dominant retail centres in key economic nodes in South Africa and Eastern Europe.

Our journey

  • 2021
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • Archive
  • Latest
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 1988

2021

Successful roll-out of solar panels at all Gauteng malls

Disposal of Atterbury Value Mart for R1,1 billion

SOKO district development in Rosebank

Disposal of Delta City Mall in Belgrade, Serbia

2019

Disposal of interest in Achimota Retail Centre, Ghana and Manda Hill Shopping Centre, Zambia

Disposal of Lakefield Office Park

2018

Through Hystead acquire a 90% interest in two shopping centres situated in Croatia for approximately €77.5 million (R1.12 billion)

Completed solar PV project at Clearwater Mall

2017

Acquire shopping centre in Bulgaria

Development completed Kumasi City Mall in Kumasi, Ghana

Sale of Somerset Value Mart, Willowbridge Shopping Centre, Glenfield Office Park and Glenwood offices

2016

Acquire shopping centres in Serbia, Macedonia and Montenegro through an offshore joint venture company Hystead Limited (“Hystead”). Hystead is incorporated in the United Kingdom and is held 60% by Hyprop. The total purchase consideration €202.8 million

First Starbucks in South Africa open at Rosebank

2015

Sale of non-core assets Stoneridge and Lifestyle centres

Develop Achimota Mall and Accra Mall, Accra, Ghana and Ikeja City Mall, Lagos, Nigeria

Completed Clearwater Mall’s phase 2 solar photovoltaic plant

2014

Develop West Hills, Accra, Ghana

For the first time, we participated in Carbon Disclosure Project (CDP) and Global Real Estate Sustainability Benchmark (GRESB)

2013

Acquire 100% of Somerset Mall

Application for Real Estate Investment Trust ("REIT") status approved by the JSE Limited

Acquire 87% of the issued shares in African Land, acquire Manda Hill, Zambia

2012

Relocate head office to Cradock Heights in Rosebank

Rosebank Gardens site (formerly Nedbank Gardens) imploded to commence the redevelopment of Rosebank Mall

Dispose of its 50% undivided share in Southcoast Mall to Redefine Properties Limited

Moody’s Investor Services rates Hyprop a national scale long-term issuer A3.za and a short-term rating of Prime-2.za

Co-invest with the Atterbury Group in Mauritius based Atterbury Africa, a property investment fund focused on investing in shopping centres on the African continent

Dispose of Southern Sun Hyde Park Hotel

2011

Acquisition of Attfund Retail increasing portfolio to 12 shopping centres and doubling the assets to R20 billion

Dispose of The Grace Hotel

2010

Hyde Park refurbished

Successful completion of extensions at Canal Walk and The Glen at a total cost of R479 million

2009

Acquire a 70% undivided share in the office park Nedbank Gardens, for future redevelopment of the Rosebank Mall

Acquire Cradock Heights in Rosebank

Southern Sun Hyde Park development completed

2007

Dispose of 46% stake in SA Retail for an amount of R1,135 billion

Acquire approximately 31,3% of Sycom Property Fund for R1,24 billion

2006

With Vunani Properties, launched Vunani Property Investment Fund, an empowerment property fund

2005

With Vunani Properties, launched Vunani Property Investment Fund, an empowerment property fund

2004

With Vunani Properties, launched Vunani Property Investment Fund, an empowerment property fund

2003

With Vunani Properties, launched Vunani Property Investment Fund, an empowerment property fund

2002

With Vunani Properties, launched Vunani Property Investment Fund, an empowerment property fund

2001

With Vunani Properties, launched Vunani Property Investment Fund, an empowerment property fund

1988

With Vunani Properties, launched Vunani Property Investment Fund, an empowerment property fund