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7 Minute read
The purpose of the trip was to visit all Hyprop Investments' Central and Eastern European (CEE) assets located in Croatia, Bulgaria, and North Macedonia. These assets comprise 30% of Hyprop's portfolio by value and 36% of distributable income. The last investor and analyst trip was in October 2017 and included visits to the Serbia and Montenegro retail assets, which have since been sold.
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5 Minute read
People connecting with each other is one of our most basic needs, and yet as humankind “modernises”, it’s a value that’s in increasingly short supply. So, why is this and what is Hyprop doing that could make a difference to the people who visit our centres?The social dynamics behind growing disconnection are many and perhaps the “exponential catalyser” in recent years has been technology and more specifically the growth of social media (“SOME”).
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5 Minute read
Consumer preferences and habits are evolving, accelerated in recent years by the growth of e-commerce and Covid-19, and of course, climate change. Growing awareness among people from all walks of life that climate change represents perhaps the challenge of our time – outside of catastrophic war – is reshaping much of what we do, and how we do it.
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5 Minute read
The battle to decarbonise the global economy is being fought on many fronts. A global coalition against coal power – the single biggest contributor to climate change – is committed to phasing it out in major economies during or by the 2030s and in the rest of the world during or by the 2040s. If globally agreed climate targets are to be met, including limiting global warming to the 1.5 degrees Celsius threshold, then ending the world’s reliance on coal is seen as a necessary step, and the recent commitment by 190 countries at COP26 is a significant move in that direction.
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5 Minute read | 8 Minute video
The shifting mood around sustainability in its broadest sense has put once powerful brands on notice and created space for new brands which have embraced a more caring, inclusive and sustainable philosophy. For Hyprop, sustainability is important in at least two spaces, the more commonly embraced environmental sustainability, and then the sustainability of retail property itself. Steven Riley (Head of development and sustainability) on Hyprop’s evolving sustainability strategy.
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5 Minute read
Hyprop has been exploring how its centres will be increasingly relevant in the 21st century to customers who, like the ancient Greeks, want public places that bring communities together in a way that is relevant to their changing lives – and Covid-19 has increased a need to belong, to be part of a community. The big 5 PWC findings are very much part of what we found our customers want.
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