Creating spaces and connecting people.

Hyprop is a retail focused REIT, owning and managing a c. R40 billion portfolio of mixed-use precincts underpinned by dominant retail centres in key economic nodes in South Africa and Eastern Europe.

Our multi-skilled, diverse team of experts practice conscious retail, underpinned by a sustainable business, models meaningful social impact and a robust governance framework to create long-term value for all our stakeholders.

Our journey

  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • Archive
  • Latest
  • 2011
  • 2010
  • 2009
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 1988


Key trading metrics exceeded pre-Covid-19 levels

Canal Walk reached record monthly turnover of over R1 billion in December 2022

Installed additional solar PV at Woodlands Boulevard, Rosebank Mall and Clearwater Mall

Installed additional Propelair toilets at Woodlands and CapeGate

Hyprop Foundation celebrates its 10th anniversary. Total CSI spend of R6.5 million


Acquisition of the four properties from Hystead Limited (City Center one East and West, The Mall and Skopje City Mall)

Disposal of Delta City Podgorica

First REIT in SA to introduce collective zero wet waste strategy across entire portfolio

Propelair toilets installed at Hyde Park Corner and Rosebank Precinct

Phase 2&3 solar at Woodlands, Clearwater Mall and Rosebank approved

Launch IOT.nxt, internet based smart building management system (BMS), pilot at Clearwater Mall


Disposal of Atterbury Value Mart for R1,1 billion

SOKO district development in Rosebank


Agreement concluded regarding disposal of indirect shareholding and shareholder loans in Gruppo Investment Nigeria Limited (“Gruppo”) which owns Ikeja City Mall, Nigeria

COVID-19 Pandemic


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

Disposal of Lakefield Office Park


Through Hystead acquire a 90% interest in two shopping centres situated in Croatia for approximately EUR77.5 million (R1.12 billion)

Completed solar PV project at Clearwater Mall


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


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 €202 750 000

First Starbucks in South Africa opened at Rosebank


Sale of non-core assets Stoneridge, and CapeGate Value 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


Develop West Hills, Accra, Ghana

Participated in Carbon Disclosure Project (CDP) & Global Real Estate Sustainability Benchmark (GRESB)


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


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 to Tsogo Sun


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

Dispose of The Grace Hotel


Hyde Park refurbished

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


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

Acquire Cradock Heights, an office block in Rosebank, to which Hyprop will ultimately move its head office (2012)

Southern Sun Hyde Park development completed


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


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

Begin construction of Stoneridge Centre at a development cost of R544 million


Acquire 45% of SA Retail Properties


Raise R376 million in a rights offer issuing 9 million units

Acquire an additional 25,05% interest in The Glen, taking Hyprop’s stake holding to 75,15%

With Redefine Income Fund, jointly develop Southcoast Mall


Acquire the Grace Hotel and Offices for R32 million

With Ellerine Bros. jointly acquire premier Western Cape shopping centre, Canal Walk, for R1,16 billion

Disposes of eight smaller office blocks to Prima Property Trust


Acquire Rosebank Mall and adjacent mall offices from Centrecity Property Fund, valued at R320 million

Acquire an additional 16,77% interest in The Glen


Acquire the Kirchmann Hurry office portfolio

Acquire an undivided one-third share in The Glen for R95 million


List on JSE on 24 February 1988 with a portfolio comprising Hyde Park Corner, Boksburg Hypermarket and two office buildings with a total asset value of R94 million