PERFORMANCE HIGHLIGHTS

2015 IN PERSPECTIVE

Financial performance
               
Dividend up
15%

to 543 cents
per share
  Total return
59,0%
  Like-for-like
NAV up
13,4%
  95%
of debt fixed for
5,2 years
 

Distribution growth

 


Total revenue from investment property
R2,6 billion
up 11,9%
    Strong performance from
Rosebank Mall
  Total assets up
7,4% to R28,9 billion
          Read more in the Financial director's report

Corporate activity   Sustainability
Proceeds of
R833 million
from disposal of non-core assets:
CapeGate Lifestyle, CapeGate Value Centre and Stoneridge applied to reduce debt
  Clearwater Mall’s solar photovoltaic plant, generating
1 500kW at peak, has a generating capacity of 2,5GWh per annum
Second submissions to Global Real Estate Sustainability Benchmark (GRESB) and Carbon Disclosure Project (CDP) on environmental, carbon emissions, social and governance performance

Operational activity   Sub-Saharan Africa
Occupancy levels remain high at
98%
across the portfolio (2014: 97,6%)
  Investments in sub-Saharan Africa (excluding South Africa) of
R2,3 billion

Property costs controlled with cost-to-income ratio reduced to
33,6%
(2014: 34,4%)
  The 14 624m2 Achimota Centre in Ghana opened in October 2015
Achimota Centre in Ghana

Redeveloped Rosebank Mall opened in October 2014 and immediately contributed to growth in distributions
 

Extension to Woolworths store in Canal Walk completed in June 2015
 

Tenant mix improved at Hyde Park Corner’s Cortina Court, hosting high-end brands including Versace, Longchamp and Armani
 

Social responsibility
 

Hyprop Foundation Funded
R380 000 with a further contribution of R100 000 from Hyprop and stakeholder contribution of R350 000 towards the Stop Hunger Now SA feeding scheme, ensuring 2 088 learners were fed three times a day for a year

Read more in Social and relationship capital


 
REGISTERED OFFICE AND BUSINESS ADDRESS

Registration number: 1987/005284/06
2nd Floor, Cradock Heights, 21 Cradock
Avenue, Rosebank, 2196
PO Box 52509, Saxonwold, 2132
Tel: +27 11 447 0090
Fax: +27 11 447 0092
Website: www.hyprop.co.za

  INTERACTIVE CHARTING

The interactive graph tool allows you to compare data for various elements over the last 5 years. You are able to choose data from the "Five year financial review tables.





start tool
  E-BOOK

Use the following link to view the E-Book.

view e-book